Rhyme Systems launches hosted model for rhymeSIGHT™ Reporting to Clients
London - March 5, 2008 - Rhyme Systems, a 3i Infotech company and a leading provider of asset management solutions, today launches a hosted model for rhymeSIGHT™ Reporting to Clients, its standalone next generation client reporting solution.
Developed to combat the increasing complexities associated with client reporting, rhymeSIGHT™ Reporting to Clients generates additional efficiencies for users and provides senior management with greater control, accuracy and visibility throughout the entire report production process.
As part of the service, Rhyme Systems will provide comprehensive maintenance, support and software upgrades to its users. This will enable businesses to outsource the production of client reports while providing them with a bespoke service that meets their changing commercial requirements.
Stephen Young, Director, Asset Management & Capital Markets, Rhyme Systems, comments, “With Rhyme Systems taking full responsibility for the maintenance, management and upgrades of the hosted reporting service, businesses of all sizes now have a real opportunity to improve their report production functionality. Since the hosted model is fully managed by our in-house team, companies can outsource the entire production process, leaving them free to concentrate on their core business offering. This is a real benefit to our customers, who are under pressure to manage the administrative aspect of their business, increase the efficiency of back office operations and reduce their operational costs.”
In common with clients that licence the rhymeSIGHT™ Reporting to Clients application, users of the hosted model will be able to produce fully-customisable reports that incorporate multiple data sources and formats. This provides clients with a more complete overview of their financial portfolio. The service will also include an integrated control function that ensures maximum accuracy through report checking, verification and authorisation utilities.
Rhyme Systems is part of 3i Infotech and provides trusted, proven and effective mission-critical solutions and services to the Asset Management industry. Some clients entrust Rhyme with the provision of a fully-managed service; for many Rhyme will undertake applications support and development; and for all clients Rhyme provides progressive, effective and proven products. Rhyme’s products enable asset, fund and private wealth managers to achieve maximum performance through the provision of market leading software solutions. Rhyme’s products are rhymeSIGHT™, Altimis, Quasar™, Fiscal and Arrow.
Rhyme’s clients include Barclays, Friends Provident, Coutts RBS, Rathbones, M&G, Jupiter, LCH.Clearnet and Brewin Dolphin.
3i Infotech is a global Information Technology company which provides technology solutions to over 500 customers in more than 50 countries across five continents.
Further information on Rhyme Systems can be found at www.rhymesystems.com
Nicola Harley
Head of Marketing
Rhyme Systems
(a 3i Infotech company)
Switchboard: +44 (0) 20 7071 3000
Phone: +44 (0) 20 7071 3012
Fax: +44 (0) 20 7071 3004
Disclaimer
Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.