Buy-Side Technology Awards 2014: Best Buy-Side Product for 2014—Vermilion Software

Vermilion’s Vermilion Reporting Suite (VRS) was the journalists’ overwhelming favorite and the most logical choice as the recipient of this award, given its landslide victories in the best client reporting and best implementation categories, the latter of which was down to its VRS implementation at London-based emerging markets specialist, Ashmore Group (see page 94). Clearly Vermilion is doing something right on the implementation front—it won the same category last year too, thanks to its VRS implementation at London-based private bank Kleinwort Benson. Its back-to-back wins in the implementation category is the first time any entrant has won this award twice since it was introduced to the line-up six years ago, and, given its dominance in this year’s edition, only a brave person would bet against Vermilion making it a hat trick of wins next year.
Speaking to Marcus Noble, the vendor’s Glasgow-based CEO, at the awards luncheon, Vermilion’s future looks particularly bright right now, given its astonishing growth over the course of the last 12 months, not only in terms of client numbers and revenues, but also in terms of its geographic presence. Simon Cornwell, responsible for driving much of that growth, is now based in Singapore, expanding Vermilion’s growth eastwards, while its North American presence is already firmly established. Five years ago, Vermilion might have been a UK-centric business, but now it is a bona fide global provider with all the prerequisites in place to dominate the client reporting space for years to come: an outstanding product; flexibility and responsiveness to its clients’ needs, illustrated by the rare distinction of it never having lost an existing client; and a string of successful implementations, both in terms of budgets and timeframes. What’s clear is that any competitor with designs on usurping Vermilion’s crown will have to up their game considerably.
Vermilion’s Vermilion Reporting Suite was the journalists’ overwhelming favorite and the most logical choice as the recipient of this award, given its landslide victories in the best client reporting and best implementation categories.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2025: Technology innovator of the year (end-user)—Ruchi Acharya Saraswat, RBC Capital Markets
Ruchi Acharya Saraswat, managing director, head of strategy and transformation, business and client services technology at RBC Capital Markets, wins technology innovator of the year (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Best company for diversity and inclusion (end-user)—BNP Paribas Portugal
BNP Paribas Portugal wins best company for diversity and inclusion (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Wellness/work-life balance award (end-user)—Sarah Mears, MUFG Investor Services
Sarah Mears, chief human resources officer at MUFG Investor Services, wins the wellness/work-life balance award (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Exchange professional of the year—Valerie Bannert-Thurner, Nasdaq
Valerie Bannert-Thurner, executive vice president and chief revenue officer of the financial technology division at Nasdaq, wins exchange professional of the year in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Rising star (vendor)—Hannah Sayson, S&P Global Marketplace
Hannah Sayson, lead product manager of the S&P Global Marketplace, wins rising star (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Data science professional of the year (vendor)—Kaja Zupanc, Duco
Kaja Zupanc, head of machine learning at Duco, wins data science professional of the year (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Vendor professional of the year (data and operations)—Pooja Padgavkar, SmartStream Technologies
Pooja Padgavkar, senior consultant at SmartStream Technologies, wins vendor professional of the year (data and operations) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Vendor professional of the year (trading and risk)—Eva Sehic, Lime Trading Corp.
Eva Sehic, CEO of Lime Trading, wins vendor professional of the year (trading and risk) in the 2025 Women in Technology and Data Awards.