SOURCE: Bonaire Software

Bonaire Software

April 29, 2010 12:26 ET

Baring Asset Management Realizes Quantifiable ROI With Bonaire's REVPORT™ Revenue Management and Business Intelligence Platform

Documented in New Case Study

BOSTON, MA--(Marketwire - April 29, 2010) -  Bonaire Software Solutions, LLC, a leading provider of Revenue Management, accounting and Business Intelligence solutions to investment managers, mutual funds, wealth managers, broker dealers and RIAs, announced that Baring Asset Management attained significant resource reduction by implementing Bonaire's REVPORT™ revenue management, fee billing and business intelligence platform and furthermore cut their fee billing cycle in half.

Barings is an international investment management firm with offices, clients, and business lines spanning the world's major markets and has $47.1 billion of assets under management. In 2009, Barings implemented Bonaire's REVPORT™ to improve the quality of Management Information available to Business, Sales and Finance management.  

Barings achieved their goals of making information available for analysis and planning, as well as increasing data quality, accuracy, timeliness and transparency. They successfully automated processes to significantly improve speed of production and support business decisions with timely, accurate, consolidated data.

Bonaire recently published proprietary research that documented how fee and revenue management affects a firm's profitability from a cost as well as an income perspective. To receive a copy of the survey or to download the Baring Asset Management case study go to Bonaire's website www.bonairesoft.com.

About Bonaire Software Solutions, LLC

Bonaire is focused on providing Revenue Management and accounting software and services solutions to the asset management industry. Bonaire's REVPORT revenue management fee billing accounting software package is a revenue center or "revenue manager" to automate the fee billing process. REVPORT is a Revenue Management Fee Billing platform, or revenue center that aids in fee billing calculation, fee billing, revenue management, commissions, accounts receivable, revenue sharing, and revenue recognition. Clients include industry leading investment managers, mutual funds, wealth managers, banks/trusts and retirement services providers.

Revenue Management Software Products include:

  • REVPORT - Fee Billing platform
    • Multi-currency revenue management
    • Custom Rule Generator
    • Commissions and Revenue Sharing
    • Revenue Management Modeling and Forecasting Analytics
  • Accounts Receivable - PAYPORT - Payment processing platform with payment matching
  • EMPOWER - Management Information and Reporting platform
    • EMPOWER Basic - Report/Invoice 'views' Developer Toolkit
      • Ad Hoc report writer
      • Custom Dashboards
      • Data Cubes

Based in Boston, MA, and London, UK, Bonaire is a privately held company founded in 1999. For more information about Bonaire Software Solutions Revenue Management and Fee billing platform, please visit www.bonairesoft.com.

About Baring Asset Management

Baring Asset Management is an international investment management firm with investment skills, clients and business locations spanning world markets. Our investment competency encompasses developed and emerging market equity, fixed income and multi-asset portfolio management services offered to institutions, retail investors and private individuals. Worldwide clients include public and corporate pension plans, government agencies, financial institutions, charitable organizations, mutual funds and private individuals.

Baring Asset Management is part of the MassMutual Financial Group, a global, diversified financial services organization. Massachusetts Mutual Life Insurance Company (MassMutual) is one of the largest life insurance businesses in the USA.

For more information about Baring Asset Management, please visit www.barings.com.

Contact Information

  • Media Contacts :
    UK
    Bonaire Software Solutions
    Gary Liley
    +44 (0) 207 763 6102
    Email Contact

    US
    Bonaire Software Solutions
    Scott Fitzpatrick
    001 617 338 0107 x116
    Email Contact