SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announced that Damian Bryan, the founder of its client communications and reporting solution, SimCorp Coric, has joined the Board of Opus Nebula as a Non-Executive Director. The appointment comes at a significant time for client reporting, amidst the changing tide of regulation, investor-led transparency and the digitalization of client communication.
Opus Nebula is a pioneer in the client communications arena with a SaaS based client reporting solution: Reporting as a Service®. The addition of Damian Bryan to the board further strengthens the exclusive partnership with SimCorp Coric, which underpins the Opus Nebula service with its award-winning client communications and reporting solution. Announced in 2015, the partnership enables Opus Nebula clients to benefit from SimCorp Coric’s award winning standardized multi-tenant infrastructure, web-based interfaces, data mapping, workflow, and reporting elements.
Damian, a veteran of the asset and wealth management industry brings extensive experience and expertise to Opus Nebula having previously founded Equipos, a leader in client communications and reporting, subsequently sold to SimCorp and rebranded SimCorp Coric in 2014. In his new role, Damian will be uniquely placed to advise and guide Opus Nebula to build on their success so far and to further grow and extend the business.
Stuart Keeler, Managing Director, SimCorp Coric: “Damian is an esteemed professional and valued industry peer. His addition to the Opus Nebula board comes at an important time for client reporting. Regulatory transparency and an emphasis on governance have placed significant demands, but also opportunities for client reporting and communication. As providers, it is imperative we continue to invest and innovate to meet the needs of our clients with the tools they need.”
Andrew Sherlock, Director and Co-founder of Opus Nebula: “We are delighted to welcome Damian to our Board. As well as being a seasoned and expert industry professional, Damian has also launched and grown a successful client reporting business from scratch. His appointment further reinforces our strong relationship with SimCorp and brings valuable insight to our team. I’m sure his vision and energy will benefit Opus Nebula, as we continue to grow our business.”
Damian Bryan, Non-Executive Director, Opus Nebula: “This is an exciting opportunity and I am very pleased to be working with the Opus Nebula team. Reporting as a Service brings many significant benefits to wealth and asset managers, including reduced implementation timeframes and lower risk. The Opus Nebula SaaS model represents a highly affordable and flexible reporting proposition. I am looking forward to working with the Opus Nebula team to further develop this excellent model and reporting solution.”
Enquiries regarding this announcement should be addressed to:
Mittal Shah, SimCorp UK/North America
Phone: +44 207 397 8072
Anders Crillesen, SimCorp Corporate Communications
Phone: +45 3544 6474
Andrew Sherlock, Director and Co-founder of Opus Nebula
Phone: 020 3239 7208
About SimCorp Coric
SimCorp Coric is a best-in-class enterprise client communications and reporting solution for private wealth and institutional asset management firms to automate their end-to-end reporting processes and enhance client service. The solution integrates with virtually any investment management solution, drawing data from any source into a consistent and transparent form across all client communications. SimCorp Coric is fully owned by SimCorp, a leading provider of integrated investment management solutions for the global financial services industry, listed on NASDAQ Copenhagen. For more information, please visit www.simcorpcoric.com.
About Opus Nebula
Founded in 2014, Opus Nebula provides the Reporting as a Service solution to investment firms. The solution is a fully configured, complete end-to-end reporting service, delivered out of the box. The solution is powered by the award winning SimCorp Coric reporting engine, wrapped with a bespoke user-friendly interface to control and manage the reporting process, and is hosted within the Microsoft Azure cloud for capacity, security and resilience. The Opus Nebula solution provides business users with direct control over the entire end-to-end reporting process. The Opus Nebula model allows for fixed on-boarding costs, a pay-per-use operating model, and significantly reduced time to go-live. Data feeds and final reports are precisely and simply configured to clients’ exact content, layout and requirements. SimCorp is a key strategic partner and shareholder of Opus Nebula.
About Damian Bryan
Damian Bryan has a long-established career in asset management and investment reporting. In 1999 following a successful career at Lloyds, where he gained a wealth of hands-on asset management experience, Damian co-founded Equipos. The company grew to become one of the world’s most successful firms in the client communications software sector, and was acquired by SimCorp on March 1, 2014. Damian’s expertise spans all aspects of institutional and private client communications, from business needs analysis through to implementation. He is a technical expert in integrated client reporting, client communications, data management and related technologies and a recognized thought leader in the client reporting community.