Vontobel selects SimCorp Coric for fund reporting
Swiss-based Vontobel Asset Management has chosen SimCorp Coric to automate its client communications and fund reporting processes.
Vontobel will deploy SimCorp Coric as a hosted solution via Microsoft Azure and the agreement will see the Coric solution replace in-house manual processes as well as an existing incumbent third-party solution.
Stuart Keeler, managing director of SimCorp Coric says Vontobel has chosen it as a “long-term business partner” and the platform can handle client identifying data (CID) to help Vontobel’s growth ambitions.
Vontobel was established in 1988 and has more than 300 employees in over a dozen locations around the globe. Its assets under management totalled around CHF 86 billion ($86.9 billion) as of 30 June 2016.
