Press Release
Standard Life Investments Selects DeskNet's ContentWelder™ for Client Reporting
Leading UK Fund Company to Implement DeskNet Solution to Transform the Production of Customized Client Reports
JERSEY CITY, NJ - Mar 5, 2007 - DeskNet Inc., a leading provider of dynamic enterprise publishing solutions for customer communications, today announced that Standard Life Investments has selected ContentWelder™ for Client Reporting for the creation of its complex customized client reports. With assets under management of £132.1billion Standard Life Investments is one of the UK's major investment houses. Through the selection of ContentWelder for Client Reporting as its enterprise platform, Standard Life Investments intends to build greater scalability into the report production process whilst maintaining or improving the quality of reports.
ContentWelder for Client Reporting is the most advanced, feature-rich and complete solution available for automating the workflow and dynamic composition of customized client reports for institutional and high-net worth investors. With ContentWelder for Client Reporting, investment management firms can speed the delivery of time-sensitive reports, lower their operating costs, and improve compliance while mitigating risk. ContentWelder for Client Reporting is based on the award-winning ContentWelder enterprise customer communications platform, which has been successfully deployed by the industry's leading financial services firms.
ContentWelder for Client Reporting has a configurable workflow that natively supports standard desktop tools from Microsoft®, Quark® and Adobe® for document creation, editing and approval as well as IBM® Content Manager for content re-use - key factors in Standard Life Investments' selection of ContentWelder.
"We selected ContentWelder for Client Reporting to be our enterprise platform because of its unique ability to create high-quality documents across a broad range of communications that we create for our clients," said Brian Reid, manager of operations and client servicing change team, Standard Life Investments. "Since then, we have worked closely with DeskNet to provide input on the necessary workflow and processes that Standard Life Investments requires, and we are looking forward to a phased roll out of the solution during 2007."
"The UK market is very important for DeskNet, and we are pleased to have developed a strong working relationship with Standard Life Investments," said Brian Fitzsimons, co-CEO & Founder, DeskNet Inc. "ContentWelder for Client Reporting has the power to transform the production of customized client reports and greatly improve operational efficiencies. DeskNet welcomes Standard Life Investments to our rapidly growing base of ContentWelder customers."
About Standard Life Investments
With assets under management of £132.1billion Standard Life Investments is one of the UK's major investment houses and controls around 1.8% of the UK stock market (31.12.06). Standard Life Investments was launched as an investment management company in 1998. It is a wholly owned subsidiary of Standard Life Investments (Holdings) Limited, which in turn is a wholly owned subsidiary of Standard Life plc. Standard Life Investments operates in the UK, Canada, Ireland, Hong Kong and the USA, and has representative offices in Germany and South Korea. Standard Life Investments also operates in India through a joint venture, HDFC AMC. For more information, visit http://www.standardlifeinvestments.com.
About DeskNet
DeskNet Inc. is a leading provider of enterprise customer communications for the financial services industry. The company's award winning ContentWelder™ software automates the production of high-quality, fully compliant customer reports and other personalized communications for print, email and online distribution. For more information, visit www.desknetinc.com.
MEDIA CONTACTS:
Jeff Ketner
KetnerBarnes Inc. (for DeskNet)
jeff@ketnerbarnes.com
(512) 794-8876
ContentWelder is a trademark of DeskNet Inc. All other trademarks are properties of their respective companies.
