July 20, 2017, Boston: Vermilion, a FactSet Company and a leading global provider of client reporting technology and services, today announces its victory at the Waters Rankings for the second year in succession. The honor, for ‘Best Reporting System Provider’, was received at Manhattan’s Metropolitan Club.
Vermilion sells primarily to asset managers, wealth managers, hedge funds and asset servicing firms. The software firm has over 80 successful implementations on four continents under its belt.
The last twelve months have borne some important product enhancements for Vermilion, including a new product release (4.1) and an enhanced version of its pitchbook creation service, V:Pitch. The firm was acquired by FactSet Research Systems in 2016.
Waters Rankings are Anglo-American news website WatersTechnology‘s only awards program where the category winners are determined exclusively by its global readership, namely asset management firms and consultants.
Ben McCormack, Associate Director – Analytics Reporting & APIs Product Development at FactSet: “Waters Rankings are the asset management world’s premier awards for software vendors, since the votes are cast by clients rather than a judging panel. This award reflects 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.”
Vermilion is the only vendor to ever win the ‘Best implementation’ category at the Buy-Side Technology Awards for three years in a row.