Vermilion will work in partnership with Kleinwort Benson to implement the solution as part of a phased approach resulting in greater transparency and report quality to Kleinwort Benson's client base.

John Boyce, Chief Technology Officer at Kleinwort Benson, said: "It is our goal to offer our clients the highest standard of financial services, and over the last 18 months we have invested heavily in new operating platforms and systems to achieve this. Additionally, we wanted to provide clients with more information; presented in a comprehensive, accurate and timely fashion. Therefore, selecting the right client reporting partner to help us achieve this was imperative. After a highly successful proof of concept, in which Vermilion demonstrated the speed, agility and flexibility of VRS, we are confident that they are the correct partner."

Simon Cornwell, Director, Global Sales and Marketing at Vermilion Software stated, "I am delighted to welcome Kleinwort Benson as a Vermilion client and look forward to building on the excellent relationship forged during the proof of concept. Kleinwort Benson is looking to raise the bar in regards to high quality, high volume and personalised private client reports - Vermilion are very well placed to deliver upon this requirement."

Kleinwort Benson is one of the longest established names in British private banking with roots dating back to the 1790s. As trusted advisers to its clients, it provides bespoke wealth management solutions delivered by experienced teams of finance professionals.

Innovative and forward thinking, with both a UK and international focus, Kleinwort Benson serve a wide range of clients including entrepreneurs in the various stages of their business lifecycle, and wealthy inter generational families.

Kleinwort Benson's broad proposition encompasses investment management, wealth structuring, trust, tax and estate planning, lending, deposit taking, corporate advisory aand family office services delivered via centres of operation across the UK, Channel Islands and Isle of Man. This gives Kleinwort Benson the ability to deal with both the personal and the corporate financial affairs of wealthy individuals and families from across the world.

Kleinwort Benson also offers Fund Administration and Custodian Trustee services through its Channel Islands, Isle of Man (Custodian Trustee) and Cape Town (Fund Administration) offices.

Vermilion Software is a leading solutions provider focused purely on Client Communications for the global finance industry. The award-winning VRS has been designed to deliver accurate, flexible and scalable client communications empowering client service professionals to deliver multilingual, graphical and marketing-quality reports.