Royal London Asset Management live on FMCSylvan
05 October 2004 | 1740 views | 0
Source: Financial Models Company Inc
Financial Models Company Inc. (FMC), a leading provider of technology solutions and services to the investment world, has announced that UK-based Royal London Asset Management Limited (RLAM) has gone live with FMCSylvan, the performance measurement and attribution software suite.
RLAM has implemented a number of FMCSylvan modules including attribution models supporting both fixed income and equity instruments. A key factor in RLAM's decision to purchase FMCSylvan was the ability to run both fixed income and equity attribution from a single integrated system.
"To help streamline the implementation, finding a vendor with a single, fully integrated application for balanced funds was a critical element to our selection criteria," said David Rose, Performance and Asset Allocation Manager, Royal London Asset Management. "We felt FMCSylvan was a proven system that could offer this. The implementation was a successful process; FMC Sylvan was delivered on time and on budget. FMC's expertise and professionalism were certainly key factors in the implementation process."
"This was yet another successful implementation of FMCSylvan, and we are pleased with how both teams worked in partnership throughout the implementation," said Phil Banas, Managing Director of Financial Models Corporation Limited, FMC's European subsidiary. "We are absolutely delighted RLAM has gone live. It demonstrates yet again that tight integration between multiple attribution models is the route to a smooth implementation, and that FMCSylvan is unique in meeting all the key market criteria."