BOSTON--(BUSINESS WIRE)--Vermilion Software, the leading supplier of client reporting and communications software, today announces its victory at the Waters Rankings 2016. The honor, for ‘Best Reporting System Provider’, was received on July 14 at Manhattan’s Metropolitan Club.

Vermilion sells primarily to asset managers, wealth managers, hedge funds and asset servicing firms. The software firm has over 60 successful implementations on four continents under its belt.

Waters Rankings are Anglo-American news website WatersTechnology's only awards program where the category winners are determined exclusively by its global readership, namely asset management firms and consultants. The reporting space was particularly competitive this year, with 24 other vendors in the category.

Simon Cornwell, Global Sales and Marketing Director at Vermilion Software: “Waters Rankings are the asset management world’s premier awards for software vendors, since the votes are cast by clients rather than a judging panel. This award reflects the fact that our clients remain delighted with our service even as our business continues to grow around the world. We would like to thank everyone who voted for us.”

The last six months have borne some important product enhancements for Vermilion, including a completely new user interface and an enhanced version of its pitchbook creation service, V:Pitch. The firm also recently announced a groundbreaking partnership with Chicago-based automated commentary provider, Narrative Science.

Last year, Vermilion made history in becoming the first vendor to ever win the ‘Best implementation’ category at the Buy-Side Technology Awards for three years in a row. It also won the category for ‘Best buy-side client reporting platform’ for the second year in succession.

About Vermilion Software

Vermilion Software is the leading global provider of client reporting technology and services to the asset management industry. The Vermilion solution is designed to deliver accurate, flexible, and scalable client reporting and communications, empowering client service professionals to deliver multilingual, graphical, marketing-quality reports that are created through an automated process. The firm has offices in Boston, London, Singapore and Sydney.

Web: vermilionsoftware.com Twitter: @VermilionLtd