May 15, 2017, London: Vermilion, a FactSet Company and a leading global provider of client reporting technology and services, today announces its success in major industry award programs on either side of the Atlantic.
Vermilion’s victory at the 2017 FTF News Technology Innovation Awards was a first for the company in the US. The category winners, announced by Financial Technologies Forum and FTF News, are determined exclusively by asset management firms, consultants and other industry personnel. The honor, for ‘Best Client Reporting Solution’, will be officially received on June 20 at Manhattan’s Dream Downtown Hotel.
Meanwhile in Europe, Vermilion has triumphed in the Client Reporting software category at the WealthBriefing European Awards 2017. The trophy was presented on May 11 in London’s Guildhall.
Vermilion sells primarily to asset managers, wealth managers, hedge funds and asset servicing firms. The London-based software firm has over 70 successful implementations on four continents under its belt. In November 2016 FactSet Research Systems acquired the firm.
Ben McCormack, SVP Head of Region – Americas at Vermilion Software: “These awards reflect the fact that our clients remain delighted with our service even as our business continues to grow around the world. We would like to thank everyone who voted for us.”
The last twelve months have borne some important product enhancements for Vermilion, including a completely new user interface and an enhanced version of its pitchbook creation service, V:Pitch. The firm also recently announced a strategic alliance with Chicago-based automated commentary provider, Narrative Science.