|[June 19, 2014]
Schroders Achieves First Stage of Deployment with Vermilion Reporting Suite
BOSTON & LONDON & SINGAPORE --(Business Wire)--
Software, a leading supplier of client reporting and communications
software, announces that it has achieved a key milestone in the
deployment of the Vermilion Reporting Suite at Schroders.
With a demanding schedule of more than 2,300 institutional valuation
reports to produce within exacting timeframes each month, Schroders
requires a client reporting solution that can handle high volumes in a
scalable and efficient way. The completion of this first phase of the
client reporting project in its operational hubs in London and Singapore
represents a key milestone for the firm as it progressively enhances its
offering to a global client base. The successful deployment of the Vermilion
Reporting Suite for valuation production also lays the foundations
for Schroders' investment reportin including commentary, graphs and
analytics with this second phase of the project also in the early stages
of live production.
Matthew Lees, Head of Portfolio Accounting at Schroders in London
stated, "The Vermilion team have played a key role alongside our
business and IT users in the project leading to this successful first
phase of deployment." Matthew continued, "We now have over 40 users in
London and Singapore utilising the Vermilion Reporting Suite, including
technical business users who can carry out a growing range of reporting
changes without the need for IT support."
"Schroders is a dynamic and innovative company," stated Simon Cornwell,
Global Sales and Marketing Director at Vermilion Software "The
successful completion of this first phase of its project demonstrates
Schroders' commitment to building client confidence by delivering
high-quality, reliable and engaging reports."
About Vermilion Software
Vermilion Software is a leading global provider of client reporting
technology and services to the asset management industry. The Vermilion
solution is designed to deliver accurate, flexible, and scalable client
reporting and communications, empowering client service professionals to
deliver multilingual, graphical, marketing-quality reports, that are
created through an automated process.
Web: http://www.vermilionsoftware.comTwitter (News - Alert):
About Schroders plc
Schroders is a global asset management company with £268.0 billion
(EUR324.1 billion/$446.8 billion) under management as at 31 March 2014.
Schroders clients are major financial institutions including pension
funds, banks and insurance companies, local and public authorities,
governments, charities, high net worth individuals and retail investors.
Further information about Schroders can be found at www.schroders.com.
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