Fairbairn Private Bank has upgraded its client communications processes with the addition of Coric Straight Through Reporter (STR) from Equipos, a provider of document management, business process management and client reporting solutions for investment and wealth managers.
Equipos Coric STR is a client reporting platform that incorporates data modelling, data maintenance, document design and report production. Client report templates are built to produce engaging client reports with business rule-driven content.
Ian Ansell, systems manager at Fairbairn Private Bank, said: “Operationally Equipos have provided us with a much more stable client reporting platform, with faster delivery. We are now able to capture data from source systems, validate it, generate reports, apply post-production checks and authorisations and distribute within a few hours. The benefits to our clients are considerable; their reports will be more presentable, appealing and digestible, and in the future we will be able to offer alternative delivery methods.
Alan Hamilton, CEO of Equipos, said: “We have enjoyed a long, successful partnership with Fairbairn Private Bank and are delighted they and their clients are benefiting from this major functional improvement to their operation.”
Fairbairn Private Bank is a member of the Old Mutual Group. It offers full range of banking, investment, trust and corporate services through its offices in the Jersey, Isle of Man, London and its representative office in South Africa.