LONDON, Feb. 19, 2013 /PRNewswire/—
Equipos Limited today announced that DIAM
International, the London-based subsidiary of DIAM Co. Ltd., has selected Equipos Coric™ to automate
the firm’s Global and European Portfolio client reporting process.
DIAM will deploy the hosted version of Coric,
powered by Microsoft® Windows Azure™, enabling the firm to go live
with a cost-effective best practice client reporting solution in
less than eight weeks.
With more than USD127 billion assets under
management and offices in London, New York, Tokyo, Hong Kong and
Singapore, DIAM is one of the world’s largest
investment managers of Japanese pension funds.
Coric Client Communications is a multi-award-winning end-to-end
client reporting and communications suite used by buy-side firms to
enrich the client experience and gain operational efficiency
through client reporting automation. Coric’s best practice business
process automation tools will streamline DIAM’s client reporting process, and its sophisticated
Layout Builder will empower business users to build and modify
marketing-quality reports without technical assistance. Structured
and unstructured data can be retrieved from any source and
presented in a client-centric way. Coric’s easy-to-use dashboards
and out-of-the-box workflows will allow DIAM
management to effectively monitor report delivery.
Jan Weber, Chief Financial Officer at DIAM
International, comments: “Coric will significantly increase the
efficiency of every DIAM reporting cycle. Our
marketing team will provide fast turnarounds for clients and
regulators requesting report modifications and they will spend more
time engaging with institutional clients. The hosted Coric
infrastructure requires no capital outlay or ongoing maintenance
for us, which has made the adoption of best practice client
reporting automation much more affordable.”
“The hosted version of Coric is an ideal fit for DIAM,” says Simon Turner, Chief Technology Officer at
Equipos. “There is no difference in Coric functionality between
hosted and on-premise infrastructures. We are delighted to be
working with DIAM to deliver this highly
scalable, flexible and cost-effective client reporting solution.
Microsoft Windows Azure offers a robust and secure platform, and as
a Microsoft Gold Partner this was the natural choice to underpin
our hosted offering.”
About Equipos (http://www.equiposgroup.com)
Waters Buy-Side Technology
Client Reporting Platform of the Year
2011 & 2012
Contacts:
Jessica Allen +1-617-273-8033
Lucy Heavens +44(0)1344-701988
[email protected]