Vermilion Software prevail as the winners of Funds Europe - European Middle Office of the Year 2012 Award

5 December 2012

Vermilion Software (“Vermilion”), the client reporting and communications solution provider, today announces the winning of the prestigious Funds Europe - European Middle Office of the Year 2012 Award.

The 8th Annual Funds Europe Awards, held on Thursday, 29 November 2012 at the Tower of London, aims to recognise personal and company achievements in 5 broad categories – personality, industry, support, business and technology – in the asset management industry.

Funds Europe - European Middle Office of the Year 2012 was awarded to Vermilion for product developments to Vermilion Reporting Suite (VRS) over the past 12 months. These included significantly improving the end-to-end report cycle and rendering speeds within VRS and providing additional report delivery enhancements to enable portal capability.

Simon Murphy, Technology Director at Vermilion said “We are honoured to receive this award. The developments to VRS were made to provide our clients and future clients with the ability to better serve their investors in a transparent and effective way. The market has reacted well to this and we have seen significant client growth over the past 12 months - reminding us that to remain at the forefront of client reporting and communications – continuous development needs to happen. We invest a significant amount of our annual revenue into development of VRS to ensure that this is the case.”

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