Hermes Fund Managers, an asset manager offering investment solutions for institutional clients, has selected client communications specialists Equipos to deliver its enterprise-wide client reporting infrastructure.

Hermes will use Equipos Coric to automate the production of client reports and 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.

Philip Keeler, executive director - operations and IT at Hermes Fund Managers, says: "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 chief executive Alan Hamilton adds: "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."