Source: Bonaire Software Solutions
Bonaire Software Solutions, LLC, a leading provider of revenue management, accounting and Business Intelligence solutions to investment managers, mutual funds, wealth managers, broker dealers, RIAs and bank/trusts, today announced that a large bank based in The Netherlands has selected Revport to manage fee calculations.
Headquartered in Rotterdam, the bank chose Bonaire after carrying out a rigorous, business-driven, tender-based selection process. REVPORT™ will deliver tangible business benefits, including:
• Lower operating costs and improved efficiency through the replacement of manually intensive spreadsheet-based processes
• Automation of existing manually-based performance fee calculations
• Provision of a scalable platform that will underpin planned business growth without a commensurate increase in operating costs
• Centralize fee-based revenue and accounting data within a single, robust repository
• Provide a tangible, quantifiable return on investment
"We are excited to be partnering with such a prestigious bank and also having added a well-known and respected investment firm to our growing EMEA client base," said John Bosley, COO of Bonaire. "As the financial landscape continues to evolve in Europe, Bonaire is committed to providing our clients with trusted products and services."