Kurtosys and FundWorks join forces to lead client communications and reporting in the Asset Management Industry

London - 5 October 2009

Kurtosys Systems Inc, a global provider of client reporting solutions, today announced the acquisition of FundWorks Global Limited. The combined business will establish Kurtosys as the leading provider of client communications and reporting solutions, to the global asset management community.

Exceeding client service expectations is critical to retaining existing investment mandates and developing new business. Reporting and marketing communications form a fundamental part of the service that is offered to asset management clients however, for many organisations it remains an expensive and challenging function. The Kurtosys business solutions fulfil the demand for an automated, integrated and straight-through process across the business.

Kurtosys’ solutions are closely linked to relationship management; investment performance; portfolio analytics and reporting operations. Coupled with robust data management and underpinned with strong workflow, the solutions ensure a timely delivery to the client of accurate information, represented in a high quality format, supporting and promoting the organisation's brand.

Rich Internet Applications (RIA) providing functionality for client reporting; web content management; marketing materials; secure customer portals; web-based analytics and presentation management tools are supported by a single, scalable, data repository designed to handle structured and unstructured content, documents and data. Organisations can deploy the platform as an enterprise solution; hosted software; managed service or Business Process Outsourcing (BPO) service.

Mash Patel, CEO of Kurtosys comments, “The integration of our organisations merges an unparalleled depth of domain expertise and vendor experience, funded by significant institutional investment. This transaction affords us the exciting opportunity to set the benchmark for reporting and communications solutions in the industry, providing asset managers with innovation, delivery and dependability.”

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