Threadneedle selects FundWorks' automated fund factsheet production service

16 April 2008

FundWorks, the leading provider of client reporting and communication solutions announced today that following a detailed evaluation process Threadneedle Asset Management has selected the FundSource service to fully automate the production and delivery of retail fund factsheets.

FundSource, part of FundWorks client reporting and communications platform, offers unrivalled flexibility as an outsourced service by delivering significant reductions in cost, risk and effort compared to in-house production. FundSource will allow Threadneedle to produce superior quality factsheets, and has the ability to support preferred data sources, corporate branding whilst streamlining production schedules and internal production processes.

Paul Malone, Head of Retail Business Development at FundWorks said, “FundWorks is delighted to welcome Threadneedle to its growing list of retail customers. Our success in this selection process confirms that the FundSource solution leads the way in the provision of a fully automated production of factsheets and recurrent marketing documentation. FundSource now supports the production of over 20,000 multi-lingual factsheets per annum”.

About FundWorks

FundWorks is a leading provider of client communication solutions for the asset management industry. The company enables its customers to realise fast and measurable benefits by deploying expertly designed and highly specialised products. FundWorks’ integrated solutions span the entire breadth of the investment process, from personalised pre-sales tools to post-sales client reporting and analysis. The company was founded in 2003 by a team of senior industry consultants and managers with an average of over 10 years’ industry experience, and currently employs over 75 staff located in London, Boston, Glasgow, Nagpur, Cape Town and Sydney.

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