Vermilion Software (“Vermilion”), the client reporting and communications solution provider, today announces the selection by Genesis Investment Management (“Genesis”) to implement a single solution client reporting and communications platform.
To remain competitive in the current climate and meet the ever evolving legislative requirements, investment into client reporting and communications platforms has become a necessity. The ability to automate complicated client reports allows asset management companies to increase their ability to better serve their clients.
Genesis conducted a market-wide search for a client reporting and communications vendor, looking at around 14 vendors who could deliver a single robust solution.
Vermilion Reporting Suite (“VRS”) is designed to deliver accurate, flexible, and scalable client reporting and communications through a streamlined workflow process - enabling Genesis to deliver quarterly investment reviews in an efficient and timely manner.
Paul Smillie, Head of Business Development at Vermilion said “Our overall strategy and focus on client reporting and communications provided Genesis with the confidence to conduct a Proof of Concept. Although we did this jointly, Genesis took the lead – allowing them to understand and embrace the product prior to their formal selection.”
Martyn Ryan, Partner at Genesis said “It became clear to us that Vermilion were able to provide a superior product and add value to our business by providing their expertise in the market - ensuring that the solution would be delivered to our exact requirements.”