Fairbairn Private Bank has upgraded its client communications processes with the addition of Equipos Coric Straight Through Reporter.

Fairbairn Private Bank is a long-standing Equipos client, having deployed the company's Coric Document Manager solution to generate client valuations across its business more than eight years ago.

Equipos Coric STR is a client reporting platform incorporating sophisticated data modelling, data maintenance, document design and report production.

Ian Ansell, systems manager at Fairbairn Private Bank, says: "We have known the Equipos team for many years, and always felt our business was highly valued. When looking for a more comprehensive reporting solution to deliver tailored and structured reports, efficiently and with greater visual impact, Equipos was the obvious partner. Operationally they have provided us with a much more stable client reporting platform, with faster delivery. We are now able to capture data from source systems, validate it, generate reports, apply post-production checks and authorisations and distribute within a few hours."

Alan Hamilton (pictured), chief executive of Equipos, adds: "We have enjoyed a long, successful partnership with Fairbairn Private Bank and are delighted they and their clients are benefiting from this major functional improvement to their operation. The financial markets are undergoing a period of unprecedented change, and effective communication is essential to ensure business growth and retention."

Fairbairn Private Bank operates a private and personal banking operation on behalf of a wide range of clients. These include private individuals, non-trading companies, trusts, governments and institutional investors. It has offices in Jersey, Isle of Man and London and a representative office in South Africa.