Japan-based Nikko Asset Management has selected Vermilion Software, a supplier of client reporting and communications software, as its global client reporting solution vendor.

The Tokyo-based asset manager will be using Vermilion Reporting Suite (VRS) for all of its global reporting requirements, from fact sheets to client reports in addition to Japanese language reporting.

Nikko Asset Management plans to roll out the VRS in Australia, New Zealand, Japan, Singapore, the United Kingdom and the US.

Vermilion global sales & marketing director Simon Cornwell said: "We are thrilled to be working with one of Japan’s largest asset managers, and see this as a stepping stone to the Japanese market. The latest VRS GUI is multilingual, including Japanese, enabling Vermilion to sell the solution globally."