Data management capability drives London & Capital’s decision to select Kurtosys for client reporting

London, UK – 19 January 2010

Kurtosys Systems Ltd today announced that London & Capital have selected the Kurtosys Client Reporting solution for both client portfolio valuation reports and fund factsheets.

Following a market and competitor review of client reporting standards and vendor solutions, London & Capital found that there was scope for improvement in their existing reporting systems to meet client expectations for a modern and professional wealth management service. In addition, their existing report production process was characterised as having a high level of manual intervention from both the client services team and the IT department. London & Capital therefore took the decision to initiate a project to select a web based data management and reporting solution to address these challenges. An evaluation of market leading solutions resulted in Kurtosys being selected to support their client reporting requirements.

The initial phases of the implementation will focus on the delivery of the monthly and quarterly valuation reports underpinned by the configurable data management and workflow tools that are inherent in the Kurtosys solution. This will mean that London & Capital will be in a position to deploy a reporting data architecture that is built on a consistent data model designed to meet the requirements of parameterised reporting for clients as well as data consumers within the organisation. In a later phase of the project, London & Capital will benefit from the comprehensive client communications solutions stack, provided by Kurtosys, and deploy a client interactive Portal for self service client reporting.

Cliff Warner, Operations Director at London & Capital said, “We had previously looked at both the Kurtosys and FundWorks reporting solutions in isolation. However, the result of the acquisition of FundWorks by Kurtosys provided London & Capital with the desired technical capabilities as well as access to a significant industry domain expertise that will allow us to take our business forward and deliver state of the art reporting to our clients and achieve greater operational efficiencies."

Mash Patel, CEO of Kurtosys comments, “Recently published research on the key trends for the industry suggest organisations will be focusing on business agility and operational efficiency gains to build a positive growth strategy in 2010. By selecting our solution, London & Capital will be able to enhance their client service proposition thereby retaining their existing client base and attracting new business with a competitive differentiation."

About London & Capital

Established in 1986, London & Capital is a leading independent firm of investment advisers and asset managers, with an international client base. The Company provides private individuals, family offices, institutional investors, intermediaries and charities from across the globe with expert advice on offshore and onshore investment strategies with a strong focus on capital preservation and a personal, tailored service.

The Company started to offer a discretionary management service in 1991, and understands that clients who are attracted to its proposition require steady growth with clearly defined risk parameters. Over the 18 year period to end October 2009, London & Capital’s model portfolio has delivered an annualised return in excess of 10% per annum. London & Capital Group now advises on more than USD2.7 billion (figure as at 30th September 2009) of investment assets for high net worth individuals and institutions worldwide.

www.londonandcapital.com

Most recently in 2009, London & Capital was awarded ‘Emerging Manager of the Year – Fund of Funds’ by Opal Financial Group. In the 2008 Financial Times Business ‘Pensions & Investment Provider Awards’, London & Capital was highly commended in the ‘Asset Allocation’ category. The Company was also ranked in the ‘2008 Top 400 Asset Managers in Europe’ by IPE. Iain Tait, Director of Private Clients was named one of the ‘20 Rising Stars of Wealth Management’ by Institutional Investor’s Private Asset Management in 2008. London & Capital was recognised as ‘Firm of the Year for High Net Worth Investors’ at the ‘2007 Spear’s Wealth Management Awards’.

For further information, please contact Gordon Puckey, Phoenix Financial PR on +44 (0) 20 7947 2856 (gordon@phoenixfinancialpr.co.uk) or Edward Osborne-Fardon, London & Capital on 44 (0) 20 7396 3200 (edward.osbornefardon@londonandcapital.com).

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