ROTTERDAM, The Netherlands, September 16, 2014 /PRNewswire/ --
Ortec Finance, a global provider of technology and advisory services for financial risk and return management, today announced its partnership with Vermilion Software, a leading global provider of client reporting and communications technology and services to the financial asset management industry. The partnership provides Ortec Finance's industry-leading performance attribution capabilities with a single client reporting and communications solution for its clients worldwide that is designed to easily integrate into existing business processes.
Ortec Finance's performance attribution capabilities help investors to understand key investment decisions by offering unique insight into all decisions that influence the portfolio and fund return, quantifying and attributing success or failure to each decision. Communicating the performance and risk statistics in a meaningful way to internal and external stakeholders requires the right tools to control, quantify and understand the investment decision making process.
"Vermilion Reporting Suite allows asset managers to deliver high-quality, fully branded reports to their client base, deepening the client relationship and assisting meeting regulatory requirements," said Paul Smillie, Head of EMEA Sales and Account Management, Vermilion Software. "The partnership with Ortec Finance further demonstrates the scope of our product to provide the market with a solution that helps it move beyond legacy systems and manual processes, and deploy a modern, fit-for-purpose reporting infrastructure.
"During the selection process we were impressed with the capabilities Vermilion Reporting Suite can provide to deliver the quantity and type of reporting our clients require. We have built a joint solution that integrates both systems and is readily available to new and existing clients" said Elske van de Burgt, Head of Investment Performance at Ortec Finance. "The solution reaffirms our strategic plans to provide best-in-class service, delivering high-quality custom reports in a timely and efficient way."
About Ortec Finance
Ortec Finance is a global provider of technology and advisory services for financial risk and return management. The company's focus is firmly on providing support for investment decision-making for institutional and private investors. Ortec Finance designs, builds, and applies solutions for asset-liability management, ex-ante and ex-post risk management, performance measurement and risk attribution, and financial planning. Its global and long-standing client base comprises leaders in the pensions, insurance, investment management and private wealth management markets.
About Vermilion Software
Vermilion 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.
SOURCE Ortec Finance