Essential reporting production time cut by two thirds
London - May 05, 2010 - 3i Infotech, a global provider of IT solutions, today announces the successful implementation of ‘Reporting to Clients’ for wealth management specialist Generali International.
Generali International selected ‘Reporting to Clients’ to add value to its existing reporting process both in terms of enhancing the overall presentation and streamlining the previously manually-intensive operation. Already Generali International has seen the time taken for the report production process fall by two thirds.
Feedback on the new look reports from Generali International’s institutional clients has been very complimentary and particularly focused on the clarity and presentation. Since its launch two years ago, ‘Reporting to Clients’ has been building a strong reputation amongst wealth managers as an essential tool for efficiently producing attractive reports, thereby helping enhance and solidify client relationships.
‘Reporting to Clients’ has been integrated with Generali’s existing back office system enabling data to be shared seamlessly across the operation. In fact, the solution has been built so that it can take in data from any source, before processing it for distribution. As such, it supports a myriad of reporting requirements including those of private client, institutional and retail wealth managers, hedge funds and private equity.
Mark Lainé, Head of Information Systems, Generali International, said, “With the increasing importance now placed on the reporting process, we have been entirely vindicated in our choice of solutions provider. We have been able to greatly enhance not only the presentation and quality of our reports, but also streamline the entire process to make it far more efficient. The successful and timely go live once again demonstrates that Generali International has selected a proven and reliable system with a reputable vendor.”
Piers Farbrother, Product Director, 3i Infotech - Western Europe, commented, “Generali International is constantly striving to provide its clients with the best service and we are delighted that ‘Reporting to Clients’ has proven its key role in achieving this. The success of ‘Reporting to Clients’ in the wealth management space is, at least in part, because of 3i Infotech’s extensive industry knowledge derived from its long history of providing investment management solutions to the leading players in the market.”
3i Infotech is the UK market leader in asset management solutions, with four out of the top five private wealth managers using its software and services. Clients include Barclays Wealth, Rathbones, Jupiter and Coutts.
About 3i Infotech
3i Infotech (www.3i-infotech.com) is one of India’s leading IT companies and among the top 3 Indian Software Products Companies.* The Company provides software products, IT services and BPO services (Managed IT Services, Application Software Development & Maintenance, Payment Services, Business Intelligence, Document Imaging & Digitization, Operations Outsourcing and IT Consulting) for the Insurance, Banking, Capital Markets, Mutual Funds, Wealth Management and Government verticals. The Company services customers in over 50 countries across 5 continents.
The Company's quality certifications include SEI CMMI Level 5 for Software business, ISO 9001:2000 for BPO, ISO/IEC 27001:2005 for Data Center Operations and ISO/IEC 20000-1:2005 for Data Centre Management Services.
*Source: Dataquest 2009
About Generali International Limited
Generali International, headquartered in Guernsey with regional offices in Ireland, Cyprus and Hong Kong, is a specialist arm of the Generali Group. The Company offer sophisticated and powerful life insurance based wealth management solutions to a global audience, including both international expatriates and certain local resident populations.
The Generali Group, a Fortune 500 top 50 company is a leading Italian organisation and a provider of financial services products in the global market. Generali is a name that has become synonymous with security and reliability for millions of clients around the world. This ‘real’ business experience and enviable track record gives the Group a global insight that Generali International brings to the benefit of Financial Advisers and their clients. www.generali-gi.com
For more information, please contact:
Head of Marketing
3i Infotech (Western Europe)
Switchboard: +44 (0) 20 7071 3000
Phone: +44 (0) 20 7071 3012
Fax: +44 (0) 20 7071 3001
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.