Schroders selects Capriza for digital drive

UK asset management firm Schroders has selected mobile app platform Capriza to accelerate its digitisation process.

Schroders wanted the ability to link and re-configure core processes from funds administration to sales, marketing to investment strategies using easy-to-use front-end technologies. Capriza’s Zapp capabilities will be deployed across the organisation in order to achieve these goals.

Graham Kellen, chief digital officer of Schroders, said: “Schroders is trusted with the investments of a variety of clients. We have to deliver the highest levels of efficiency and responsiveness to our clients. This pursuit means we cannot restrict ourselves to outdated technology. This investment in Capriza sends the clear signal that we are taking this challenge seriously and we see clear value for our clients globally.”

Russell Acton, vice president and general manager at Capriza, added: “Blue chip organisations like Schroders, where success is measured in decades and centuries, quite rightly think hard before embracing technologies. There is no ‘rip and replace’ option for complex core systems, so Capriza’s ability to enhance customer service and increase efficiency by smartly reconnecting these systems is a winning proposition.”

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