BOSTON, MA, Feb. 19, 2013 /CNW/ - 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
About Equipos (http://www.equiposgroup.com)
Waters Buy-Side Technology Client Reporting Platform of the Year 2011 &
SOURCE: Equipos Ltd
For further information:
Jessica Allen +1-617-273-8033
Lucy Heavens +44(0)1344-701988