Equipos (now SimCorp Coric), the leading provider of client communications solutions for buy-side investment firms, has received a best-in-class designation for user capabilities and configuration opportunities in the Client Reporting Solutions Technology Analysis published by CEB TowerGroup analysts. The CEB TowerGroup technology analysis process provides a customer-driven, transparent and unbiased review designed to drive informed business decisions for financial services institutions.
“Automated client reporting solutions mitigate the operational risk of report production and provide high value for wealth and asset managers,” said CEB TowerGroup research director Gert Raeves. “Products with highly configurable layout capabilities, and easy-to-use interfaces for business users and intricate production control, enable these firms to meet investor demand for flexible client communications.”
The Coric Client Communications Suite was named “best-in-class” in the following categories:
User Capabilities: Those attributes that directly influence a user’s ability to manage the client reporting workflow.
Business Configurability: Those attributes that allow users to configure the client reporting workflow to meet specific business needs.
According to the CEB TowerGroup report, client requirements for transparency and risk management will drive new client reporting technology spending over the next 3 years. Regulatory changes and the need to tackle error-prone data, which delays the delivery of client information, are also cited in the report as primary drivers for increased uptake of automated client reporting solutions.
“This analysis reflects our experience in the global marketplace, as demand for Coric continues to increase rapidly,” said Equipos (now SimCorp Coric) CEO Alan Hamilton. “We are honored to be named best-in-class by the reputable CEB TowerGroup team. Equipos (now SimCorp Coric) is committed to continued investment in Coric, and to delivering operationally efficient, enterprise-scale client reporting solutions that empower client services business users to meet the rapidly evolving communication requirements of their investor clients.”
Equipos (now SimCorp Coric) Named Best-in-Class for User Capabilities and Configuration Opportunities in Client Reporting Software Analysis
September 9, 2012
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