Principal Global Investors Taps Vermilion

A London bus at St Paul's
PGIE is based in London.

The project originally stemmed from Principal Global Investors (PGI) staff cross-training with Vermilion on processing of multilingual fact-sheets, and then expanded with additional phasing in of reporting components and standardized templates designed to cover an increase in client demand for European-regulated funds.

“Principal Global Investors' Ucits fund range has experienced strong growth in net in-flows over the last few years, and we expect to see that growth continue. We required a system that was scalable for our global multi-boutique business with flexible reporting services and our fact-sheets now have a single-style template that allows us to extend the leverage of our data warehouse to provide data consistencies and cost efficiencies," says Christopher Reddy, London-based COO of Principal Global Investors in Europe (PGIE).

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