Vontobel Asset Management Licenses Redi2 Software

BOSTON, Sept. 3, 2013 /PRNewswire/ -- Vontobel Asset Management, Inc. a New York-based asset management firm with over $44 Billion in AUM just went live with the latest version of Redi2 Technologies' Revenue Manager. Redi2 Revenue Manager™ replaces the firm's legacy billing and management fee collection system. 

"Redi2 is an integral part of our finance function. The sophisticated but transparent application allows us to process management fees and track related work flow more accurately and in a more timely and controlled fashion. This application is an integral part of our SSAE16 certified control environment." explains Vontobel Asset Management COO Charles Falck.  "The application helps us materially decrease operational risk and increase efficiency."

In early-2013, Vontobel initiated a search and identified various requirements for a technology solution to replace its management fee processing systems.  The firm wanted to appropriately balance technological sophistication and development costs, while maintaining the most stringent information and data security requirements.  After considering a number of vendors, Vontobel selected Boston-based Redi2 Technologies. A few of the key selling points in choosing Redi2 as a provider were Redi2's commitment to offering ongoing support, the software company's strong experience and expertise in the industry, a team of sophisticated yet client-centric software engineers and a Software as a Service (SaaS) architecture. Tangible benefits of the new solution are expected to include a reduction in the time required for invoice distribution and a reduction in the collection cycle.

Seth Johnson, CEO of Redi2 Technologies, commented: "We're delighted to have one of the world's best performing asset management firms join the ranks of our customer base.  We can relate to Vontobel and their corporate culture. Both Vontobel and Redi2 have a laser focus on delivering stellar performance to their respective clients." 

Falck concludes: "Managing our revenues is critically important. But excellent revenue management requires a lot more than just calculating fees and getting a nice looking invoice to clients.  We are excited to have found a strong partner in Redi2. And we are impressed that Redi2 has been able to help us make this transition happen quickly and efficiently."

For more information on Redi2 Revenue Manager send an information request to [email protected]

SOURCE Redi2 Technologies, Inc.