British investment manager Ashmore Group has deployed Vermilion’s flagship product, Vermilion Reporting Suite (VRS), to offer single client reporting and communications solution for its worldwide operations.
Vermilion claims that this implementation will ensure that Ashmore’s internal resources and processes were efficiently employed, increasing the productivity and quality of reporting while reducing administration costs.
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Vermilion added that its VRS is designed to deliver accurate, flexible, and scalable client reporting and communications through a streamlined workflow process.
According to Vermilion, Ashmore will use its VRS for the global production of factsheets, statement holdings, and quarterly investments reviews.
Graeme Donald, group head of IT of Ashmore, said: "During the vendor selection process it became very clear that Vermilion Reporting Suite provided the necessary tools for us to deliver the quantity and type of reporting required.
"We were impressed by the expertise Vermilion displayed in delivering the operational prototype and now going live with the delivery of our global factsheets."
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