Bonaire Lands Groupama AM

Paris-based Groupama Asset Management has selected Bonaire Software Solutions' REVPORT solution to manage the firm's fee calculations. Groupama, with €94 billion under management, will use the solution to replace its largely-manual billing and receivables and collections processes, as a repository for its revenue and accounting data, and to enhance its analysis capabilities.

"We looked to implement a system for our revenue and fee management that increased accuracy and flexibility, while at the same time minimized operational risk," says Jean-Christophe Benzo, CFO of Groupama. "Bonaire's expertise and REVPORT's ability to deliver a robust tool set for revenue modeling and forecasting were key drivers in our selection."