Lloyds Banking Group further extends outsourcing of fund factsheet production to Factbook.

London - 26 August 2010

Factbook, a specialist provider of fund reporting, marketing and data management solutions to the investment community today announces the further extension of their managed factsheet service provision to the Lloyds Banking Group (LBG).

LBG have chosen to migrate their Bancassurance factsheet production for both Halifax and Bank of Scotland to Factbook’s fully managed production environment, building upon the success of the earlier Clerical Medical factsheet project. This latest roll-out sees peak monthly document delivery from the LBG production platform almost double to in excess of 250 retail fund factsheets.

Factbook’s Director of Client Service, Marc Dukes, commented: “As ever, it is always a pleasure to see a longstanding client relationship developing in this way. Over the past two years we have built a close working relationship with Lloyds, through which we have been able to successfully deliver multiple projects, servicing a wide range of investment products, for a number of the group’s key brands”. He added: “Over the coming months we expect to go live with a number of further production projects across the group. Growth such as this can only be achieved through building a partnership with your client, understanding their business and consistently providing a level of service which exceeds their expectations.”

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