Schroders Achieves First Stage of Deployment with Vermilion Reporting Suite

  Schroders Achieves First Stage of Deployment with Vermilion Reporting Suite

Business Wire

BOSTON & LONDON & SINGAPORE -- June 19, 2014

Vermilion Software, a leading supplier of client reporting and communications
software, announces that it has achieved a key milestone in the deployment of
the Vermilion Reporting Suite at Schroders.

With a demanding schedule of more than 2,300 institutional valuation reports
to produce within exacting timeframes each month, Schroders requires a client
reporting solution that can handle high volumes in a scalable and efficient
way. The completion of this first phase of the client reporting project in its
operational hubs in London and Singapore represents a key milestone for the
firm as it progressively enhances its offering to a global client base. The
successful deployment of the Vermilion Reporting Suite for valuation
production also lays the foundations for Schroders’ investment reporting
including commentary, graphs and analytics with this second phase of the
project also in the early stages of live production.

Matthew Lees, Head of Portfolio Accounting at Schroders in London stated, “The
Vermilion team have played a key role alongside our business and IT users in
the project leading to this successful first phase of deployment.” Matthew
continued, “We now have over 40 users in London and Singapore utilising the
Vermilion Reporting Suite, including technical business users who can carry
out a growing range of reporting changes without the need for IT support.”

“Schroders is a dynamic and innovative company,” stated Simon Cornwell, Global
Sales and Marketing Director at Vermilion Software “The successful completion
of this first phase of its project demonstrates Schroders’ commitment to
building client confidence by delivering high-quality, reliable and engaging
reports.”

About Vermilion Software

Vermilion Software is a leading global provider of client reporting technology
and services to the asset management industry. The Vermilion solution is
designed to deliver accurate, flexible, and scalable client reporting and
communications, empowering client service professionals to deliver
multilingual, graphical, marketing-quality reports, that are created through
an automated process.

Web: http://www.vermilionsoftware.comTwitter: @VermilionLtd

About Schroders plc

Schroders is a global asset management company with £268.0 billion (EUR324.1
billion/$446.8 billion) under management as at 31 March 2014. Schroders
clients are major financial institutions including pension funds, banks and
insurance companies, local and public authorities, governments, charities,
high net worth individuals and retail investors.

Further information about Schroders can be found at www.schroders.com.

Contact:

Vermilion Software
Joanna Grimmond
Head of Marketing
+44 (0) 207-234-3096
Joanna.grimmond@vermilionsoftware.com
 
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