Major Bank Selects Equipos Coric for Global Client Communications and Reporting

By Equipos, PRNE
Tuesday, March 22, 2011

LONDON, March 24, 2011 - Equipos, a leading provider of client communications and reporting
solutions to private banks and institutional investment firms, today
announced that one of the world's largest banks has signed an agreement to
deploy the Equipos Coric client communications suite globally across its
asset management business.

Coric will replace the bank's current client reporting system enabling
more effective, automated generation and distribution of sophisticated, high
quality, tailored reports. These reports will be delivered across different
time zones and support all output formats.

Following a vigorous review of alternative reporting solutions the bank
selected Coric for security, scalability, ease-of-use, breadth of
functionality and delivery of a global client communications platform within
one technical framework.

Coric was created by Equipos specifically for asset management
organizations. It supports complex requirements including custom branding,
investment commentary, sophisticated graphic rendering capabilities, workflow
and online access across a broad range of client communications.

Alan Hamilton, CEO at Equipos, comments: "This replacement contract with
one of the world's largest financial institutions confirms that Coric is the
established, industry-leading global client communications platform. We have
proven international experience delivering innovative software solutions to
leading private wealth and institutional asset management firms such as
Northern Trust, Hermes Fund Managers, Rathbone Brothers and Rensburg
Sheppards. Our client base is expanding rapidly with escalating demand for
automated regulatory reporting including UCITS 4 Key Investor Information
Document (KIID) and fund fact sheet solutions. These factors are the
spearhead for Equipos expansion into the Asia Pacific region, where we will
work both directly with clients and through partners who join our Global
Partner Community."

According to Dominic Ryan, Head of Sales for Europe and Asia Pacific,
"Coric allows client services teams to create visually appealing
communications and be more responsive without recourse to IT specialists. We
can clearly demonstrate how Coric helps wealth and asset management firms to
differentiate their service offering, reduce costs and minimize operational

Meet Equipos at Fund Forum Asia in Hong Kong (28 March to 1 April 2011)
and Shorex Singapore (12-13 April 2011). To pre-book an appointment with Alan
or Dominic Ryan email or visit


Equipos is a leading global supplier of automated client communications,
reporting, document and business process management solutions for
institutional asset management and private wealth management firms in North
, Europe and Asia.

    Press Contact:
    Nicola Cowburn

Press Contact: Nicola Cowburn, +44(0)207-933-8720, press at

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