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Friends Provident signs up for RhymeSight asset management software

Rhyme Systems has announced the latest signing for its investment platform 'RhymeSight' with UK financial service group Friends Provident taking on a five year contract for the asset management software.

The vendor says RhymeSight is an integrated investment administration platform, which supports the entire front to back office operation and is built around a single, core database.

Cheryl Redgewell, account manager at Rhyme Systems, added: By implementing RhymeSight, Friends Provident continues to build upon its reputation for leveraging IT investment in leading-edge systems. RhymeSight will enable Friends Provident to gain from tangible benefits in standardized asset servicing, straight through processing and enhanced integration and connectivity.