Hermes Appoints Equipos to Deliver Enhanced Client Communications

LONDON, June 21, 2010 /PRNewswire/ -- Hermes Fund Managers, a leading multi-boutique asset manager offering investment solutions aimed at institutional clients, has selected client communications specialists Equipos Limited to deliver its enterprise-wide client reporting infrastructure. Hermes will use Equipos Coric to automate the production of client reports and significantly streamline client communications.

The Coric suite enables end-to-end management of the client reporting process while providing dashboard control and workflow automation. Coric puts control of the reporting process into the hands of the client servicing team, enabling rapid response to ever-changing client reporting requirements.

According to Philip Keeler, Executive Director - Operations & IT at Hermes Fund Managers, "When looking for a comprehensive reporting solution to efficiently deliver tailored and structured reports, Equipos was the obvious partner. Operationally, Hermes will benefit from a stable client reporting platform, with timely, accurate and scalable delivery. The implementation of Coric further enhances our commitment to best-in-class client service."

Equipos CEO Alan Hamilton said: "Coric is the fastest, most flexible and comprehensive client communications solution on the market today. We are delighted to welcome Hermes into our rapidly expanding base of users in Europe, North America and Asia, all of whom are experiencing rapid payback in terms of increased client satisfaction and lower cost of producing client reports via multiple channels."

Equipos

Equipos is a leading international supplier of client reporting, document management and business process management solutions for institutional and private client investors and wealth managers. The company's deep-rooted knowledge of the financial sector enables Equipos to design, develop and deliver outstanding solutions to industry leaders such as American Century, Bank Julius Bar, Cazenove Capital Management, Fairbairns Private Bank (Old Mutual), Hargreave Hale, Hermes Fund Managers, Jupiter Asset Management, LCF Rothschild, Northern Trust, Rathbones and Rensburg Sheppards. http://www.equipos.co.uk

Hermes Fund Managers

Hermes is a global multi boutique asset manager comprising a series of specialist investment partnerships with a truly long-term and responsible approach to delivering investment returns. We offer our clients the best combination of specialist investment teams and products along with a robust operating platform from which to operate.

Hermes offers investment solutions which range from alternative strategies such as private equity, fund of hedge funds, commodities and our engagement focus funds to real estate, fixed income and specialist equity products. Hermes invests assets on behalf of over 180 clients* across these product areas and has GBP26.8bn* under management. Additionally, we help pension funds meet the highest standards of responsible long term ownership through our innovative Equity Ownership Service, which has over GBP60 billion* of assets under stewardship.

Hermes is the principal investment manager for the BT Pension Scheme (BTPS) which is also the 100% owner of Hermes. This unique relationship gives us a long-term parent whose requirement for investment excellence is perfectly aligned with that of our other clients and provides a privileged insight which informs our product development.

*As at 31 March 2010

Contact: Nicola Cowburn, +44-(0)20-153-1090, [email protected]

SOURCE Equipos