(The client reporting space has come a long way since the days when it was viewed as only a back-office, administrative function, says Stuart Keeler who is managing director of SimCorp’s Coric offering. Over the years, the potential of optimal client reporting has been historically underestimated, Keeler adds. At SimCorp, Keeler oversees the growth of… Read More >>
Nasdaq to Buy eVestment for $705 Million
eVestment to Join Nasdaq’s Global Information Services Group The Nasdaq Stock Market is moving to acquire vendor eVestment, a content and analytics provider, in a bid by the exchanges company to “deliver attractive shareholder returns” via a company whose client base includes asset managers, investment consultants and asset owners, officials report. Nasdaq will pay $705… Read More >>
Some Firms Still Favor Manual Client Reporting: Survey
SS&C Survey Focuses on Client Reporting Investor clients are demanding more data from financial services firms but many firms are still relying on manual processes to pull together reports, according to a report sponsored by SS&C Technologies, a financial services software and services vendor. The survey results uncovered that while 100 percent of respondents say… Read More >>
FTF Awards Q&A: FactSet Wins for Client Reporting & Services
(Editor’s note: The following Q&A is with two key officials at FactSet, which won two FTF News Technology Innovation Awards — Best Client Reporting Solution for Vermilion, a FactSet company; and Best Client Services Solution for FactSet’s offerings. The client reporting honor spotlights how the winning provider has improved the customization, look and feel, and… Read More >>
FactSet Acquires BISAM for $205.2 Million
BISAM Technologies will become a part of FactSet as the result of a $205.2 million acquisition that will eventually tie together performance measurement support with portfolio and risk analytics and client reporting. FactSet, known for its integrated financial information, analytical applications, and services, has acquired BISAM from Aquiline Capital Partners and company insiders for $205.2… Read More >>
Linedata Admin Edge to Get New Links to Morningstar’s BondPro
Linedata Extends Morningstar Agreement Investment management systems vendor Linedata is expanding its fixed income and credit derivatives coverage for its fund services clients via an extension of its partnership with Morningstar, officials say. “The partnership will provide expanded analytics to meet the requirements of alternative funds and [separately managed accounts] and enhances Linedata Admin Edge’s… Read More >>
Daman Investments Deploys SS&C’s APX
Daman Investments PSC, a Dubai-based financial services firm, has deployed the portfolio management system Advent Portfolio Exchange (APX) from SS&C Technologies to streamline operations, and bolster data management and reporting capabilities, according to officials at Daman and SS&C. A private joint stock company launched in 1998, Daman has become a non-bank financial services company known… Read More >>
Nordea Bank Scores Breakthrough with Repo Trading
Nordea Bank, a large financial services group in Northern Europe, has been working with post-trade services provider Omgeo and investment management software vendor SimCorp to automate its repurchase agreement (repo) post-trade matching process, and recently matched its first live repo trade. The Stockholm-based bank recently processed a repo instrument between itself and Swedish administrative services… Read More >>
Brown Shipley Deploys SimCorp Client Reporting System
Brown Shipley, a private bank in the U.K., has gone from a manual client reporting system to a platform from vendor SimCorp in a bid for greater operational efficiency, officials say. Brown Shipley officials confirm via a press release that by deploying the SimCorp Coric Client Communications system they have “significantly reduced the manual effort… Read More >>
Narrative Science Unveils Solution for Wealth Managers
Automated financial reporting software maker Narrative Science has released a new wealth management solution, called Quill Portfolio Review, officials say. The new solution aims to “bridge the gap between the millions of people who need customized financial reporting and the overwhelming amount of data analysis, interpretation and communication skills required to deliver it,” according to… Read More >>
