Paris – 25 November 2008 – Horizon Software, global provider of technology for the financial industry, announced today that Financière de l’Echiquier, a leader French Asset Manager, has chosen Horizon Distrib, as its fees management solution.
Financière de l’Echiquier has been going through a time of strong growth and manages an increasing number of partners. “We manage hundreds of partners which considerably increases our administrative workload. We were looking for a solution which would help us to minimize manual work in order to avoid manual errors and minimize our payment delay.” says Mr d’Ornano, COO of Financière de l’Echiquier. “We chose Horizon Distrib for its capacity to manage a large amount of partners, funds, and calculation rules. Furthermore, Horizon Distrib is a highly flexible solution which was able to meet all of our specific needs.” Horizon Distrib is a solution designed for Asset Managers looking for advanced features and technology to deal with their fund share and fees distribution. Its core features allow the company to manage its fund distribution, to calculate operating costs and fees and to generate invoices and internal reports. Through its audit trails users are able to monitor any change and to find historical data and documents at any time.