Eaton Vance Runs with SimCorp Coric

john-shea-eaton-vance5 — John Shea, Eaton Vance CIO, was profiled in Waters in 2013

- Timothy Bourgaize Murray
- 08 Jan 2015

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The agreement, signed in December 2014, covers Eaton Vance Management and its majority owned affiliates, including Parametric and Atlanta Capital Investment Managers. The deal makes Eaton Vance the eleventh North American buy side to deploy the solution, which SimCorp bought from Equipos in February of last year.

Coric will automate the production of client communications, including quarterly client and investment reports, client statements, and fund fact sheets. Reporting cycles will shorten and require less manual work to complete, allowing the Eaton Vance client relationship team, which manages the client reporting process, to reallocate time and resources to client-centric servicing.

“SimCorp’s infrastructure, financial stability, global reach, and business-user focus provided an ideal fit with our business growth and risk mitigation goals," says John Shea, chief information officer at Eaton Vance. "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."

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