Press Release
INVESCO Selects DeskNet's ContentWelder™ for Client Reporting
ContentWelder for Client Reporting Will Help INVESCO Deliver Superior Client Service by Streamlining Production of Custom Reports for Institutional Investors
JERSEY CITY, NJ - April 9, 2007 - DeskNet Inc., a leading provider of dynamic enterprise publishing solutions for customer communications, today announced that INVESCO has chosen ContentWelder?for Client Reporting for the creation of customized client reports for institutional investors. INVESCO is one of the world's leading independent global investment managers, known for delivering outstanding performance and service across a comprehensive range of investment products for individuals and institutions.
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, highly complex reports while lowering their operating costs. 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.
Citisoft, a leading business and systems consulting firm serving the investment management industry, helped INVESCO with the selection process. With a client base of more than 75 percent of the top 50 global asset managers, Citisoft is the foremost supplier of strategic planning and implementation services to the institutional and wealth management sectors.
"In INVESCO's selection process, ContentWelder for Client Reporting emerged again as the best solution for institutional client reporting, with the ability to scale to support client communications on a global basis," said Joe Morant, Managing Director, Citisoft. "Our analysis showed that ContentWelder is a proven and robust client reporting platform with the additional capability to successfully support a wide range of mission-critical, enterprise publishing needs."
"Citisoft has an excellent reputation for their expertise in investment management, and DeskNet is pleased to be working with them in U.S. and U.K. markets," said David Mead, head of strategic partnerships at DeskNet Inc. "DeskNet continues to gain market momentum as the premiere solution for client reporting, and we look forward to working with Citisoft and INVESCO on another successful implementation."
About Citisoft
Established in 1986, Citisoft has one of the largest pools of investment management expertise of any consulting firm. Citisoft combines analysis, planning and project management methodologies with expert knowledge of asset management business models, processes and technology. Citisoft is independent of all suppliers and service companies. The company has a high degree of specialization in areas including straight-through processing, client reporting, performance measurement and other critical business areas. For more information please visit www.citisoft.com.
About INVESCO
As one of the largest independent global investment managers, INVESCO PLC is dedicated to helping people worldwide build their financial security. Operating principally through the AIM, AIM Trimark, Atlantic Trust, INVESCO, Invesco Perpetual, PowerShares and WL Ross & Co. brands, INVESCO PLC strives to deliver outstanding performance and service across a comprehensive range of investment products for individuals and institutions around the world. The company is listed on the London, New York and Toronto stock exchanges with the symbol "AVZ." Additional information is available at www.invesco.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
Darragh Young
DeskNet Inc.
dyoung@desknetinc.com
(201) 946-7080 ext. 1028
ContentWelder is a trademark of DeskNet Inc. All other trademarks are properties of their respective companies.
