Press releases

Schroders (Singapore) selects FundReports for client reporting.

15 October 2008, London, UK

Following the successful roll out of FundReports at Schroders in London, FundWorks have announced that Schroders have chosen FundReports to be implemented in Singapore to service their Asia-Pacific customer base.

FundWorks provides financial services organisations with an efficient and accurate client communications platform, serving the business to scale at times of growth and to maintain standards and efficiencies when markets are slower. FundWorks' solutions are closely tied to relationship management, investment performance, portfolio analytics and reporting operations. The process is coupled with effective data management and underpinned with strong workflow. The output of this process is a timely delivery to the customer of accurate information that is represented in a high quality format that fully supports and promotes the organisation’s brand.

Jason Wood, Head of Portfolio Services – Operations Asia Pac, at Schroders said, “This implementation fits perfectly with our Global Target Operating Model, will increase the quality of our client service proposition and will enable us to leverage our resources better across our London and Singapore global operating hubs”.

Simon Rose, Managing Director at FundWorks added, “The addition of Schroders to our growing Asia Pacific customer base demonstrates our ability to deliver solutions that meet the diverse needs of asset managers globally. In addition to our existing support operations in Australia, FundWorks will be opening a local office in Singapore to service and support our business expansion plans in the Far East region”.

About Schroders

Schroders is a global asset management company whose clients are major financial institutions including pension funds, banks and insurance companies, local and public authorities, governments, charities, high net worth individuals and retail investors. Schroders apply their specialist asset management skills in serving the needs of their clients worldwide. With one of the largest networks of offices of any dedicated asset management company and over 250 portfolio managers and analysts covering all the major investment markets, Schroders offer their clients a comprehensive range of products and services.

Further information about Schroders can be found at www.schroders.com. Issued by Schroder Investment Management Ltd, who are authorised and regulated by the Financial Services Authority.

About FundWorks

FundWorks provides straight-through client communication solutions to the asset management industry. Delivered through an integrated platform, our solutions serve our customers to scale at times of growth and to maintain standards and efficiencies when markets are slower. FundWorks was founded in 2003 by a group of industry professionals with substantial track records within well known investment institutions. The company employs more than 100 staff and is headquartered in the UK, with regional offices in the United States, Australia, South Africa and India.

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