Eaton Vance Management has chosen SimCorp Coric as the new client reporting and communications platform for its global operations.
The agreement was signed in December 2014. According to a press statement, it covers Eaton Vance Management and its majority owned affiliates, including Parametric and Atlanta Capital Investment Managers.
Eaton Vance will deploy SimCorp Coric to automate client communications, including quarterly client and investment reports, client statements, and fund fact sheets.
This initiative was driven not only by the operational efficiencies that SimCorp Coric will bring, but also by our passion to enrich the quality and timeliness of the service we provide to our clients. Throughout the selection process, we received positive recommendations from existing SimCorp Coric clients, who spoke often of the operational efficiency the solution provides. This enables client relationship managers to spend more time engaging with clients to satisfy their individual investment goals, said John Shea, chief information officer at Eaton Vance.
Founded in 1924, Eaton Vance and its affiliates manage $297.7 billion in assets, as of October 31, 2014.
