Equipos, a provider of technology solutions to private wealth and institutional asset management firms, has opened a new office in Boston, Massachusetts.

The Equipos Coric Client Communications suite provides end-to-end client reporting and communications for global wealth and asset management firms seeking to enhance client experience, gain operational efficiency and reduce costs.

Coric empowers client services staff to create personalized, marketing-quality client reports, fund fact sheets, client meeting packs, presentations and other client communications, without recourse to IT, on a regular or ad-hoc basis.

Alan Hamilton, CEO of Equipos, said: "Our business in North America has grown rapidly since we moved to Boston in 2010. North America generates 40% of our total company revenues and our Boston team has increased 10-fold over the past three years.

"Interest in client communications automation is at an all-time high and return on investment is fast; our new North American headquarters will facilitate the delivery of excellent client service to our rapidly growing client base and accommodate future growth."