Two Boston Based Asset Management companies go live with Vermilion Reporting Suite

London - 3 December 2009

Vermilion Software is delighted to announce that two large, Boston based Asset Management companies have gone live with the award winning Vermilion Reporting Suite for their institutional Client Communication.

The implementations took 4 and 5 months respectively, from initial analysis to go-live, and have resulted in significantly enhanced client communication capabilities for the organizations.

Vermilion Software’s client base within North America and Europe continues to flourish, complementing their strong presence within the United Kingdom.

A key driver in the vendor selection process is a solution’s ability to streamline reporting processes through efficient workflow capabilities, and deliver personalized reports from standardized templates, reducing the burden on IT departments, and freeing-up Fund Manager time to focus on core competencies.

David Mead, Vice President of North American operations at Vermilion, said: “The United States is a primary market for Vermilion Software, and we are delighted to continually attract the top investment management firms with our comprehensive client communication solutions.”

Simon Cornwell, co-founder, and Sales and Marketing Director at Vermilion, said “ever since inception, our goal has been to be the leading global client communication solutions provider to the institutional asset management industry, and our ever-growing list of client wins and implementations goes more towards asserting our position as the best of breed product.”

Vermilion Software is the leading solutions provider focused purely on Client Reporting for the Asset Management market globally. The award winning VRS has been designed to deliver accurate, flexible, and scalable client communications. VRS empowers client service professionals to deliver multilingual, graphical, marketing-quality reports, all of which can be created through the workflow process, streamlining the corporate reporting cycle whilst ensuring that the corporate branding and content standards are fully maintained. The solution provides a quick win for customers wishing to deliver high quality reporting, this is due to Vermilion’s unique product and their approach to project delivery. VRS is available as a hosted ASP service, or an in-house installation.

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