Ecofi, the Asset Manager of the French banking group Groupe Credit Cooperatif, member of BPCE, and NeoXam announced today the conclusion of an agreement in which its NeoXam Impress reporting platform will be the target solution to produce periodical reporting for Ecofi.
Under this agreement, Ecofi will leverage the NeoXam Impress platform’s entire automated reporting process, from data collection, data quality checks, performance analytics computation, and reporting templating and generation for the full range of its funds. This represents more than 8 billion euros of assets under management.
NeoXam Impress is a modular Software as a Service (SaaS), Cloud platform designed for financial institutions, including asset managers, asset owners, and asset servicers, which offers reporting services across the entire value chain (data integration, performance calculations, production workflows, and data visualization) for quality, agile and cost-effective reporting.
Commenting on the partnership, Charles Sayac, NeoXam Managing Director EMEA West said: “We are delighted to extend our partnership with Ecofi by integrating our cutting-edge reporting solution NeoXam Impress. Ecofi will benefit from deploying NeoXam Impress in their existing investment management value chain powered by another NeoXam solution, NeoXam Tracker, our front-to-middle portfolio management solution.
Alain Canderlé, Ecofi Managing Director, “We are delighted to extend this strategic partnership with NeoXam. The integration of NeoXam Impress with NeoXam Tracker generates important synergies that will greatly improve our operating model.”
Olivier Janbon, Ecofi Director of Operations, “Prior to selecting NeoXam, we analyzed several other reporting solutions, but NeoXam Impress was the obvious choice to take our reporting value chain to the next level, especially due to their data integration capabilities - including ESG data - the end-user experience and the expertise of NeoXam teams.”