Satuit Technologies Sells CRM to Fund Evaluation Group

Satuit Technologies has announced that Fund Evaluation Group LLC, a provider of advisory services to institutional investment clients, has selected Satuit as its customer relationship management (CRM) provider of choice.

After a "thorough evaluation of various vendors and products from very simplistic project management tools to robust CRM products," Satuit officials say, "the final decision was between Microsoft (News - Alert) CRM and SatuitCRM."

"We chose Satuit Technologies because of their focus on the financial services industry, and our ability to use their product 'out-of-the box,'" reports Anthony Festa, CFA, Managing Principal at Fund Evaluation Group.

FEG chose the On-Demand delivery of SatuitCRM over the On-Premise option.

Last month CRM and SFA vendor Satuit, which focuses on the professional investment market, announced the hiring of Dale S. Gillette, a financial services veteran, to the position of Vice President of Strategic Relations.

Gillette comes to Satuit from Wellington Management Company's Information Services Division, where he served as a systems manager supporting the information technology needs of the Institutional Relationship Management, Marketing, and Business Development teams in 3 U.S. offices and 5 global offices.

Prior to Wellington Management Company, Gillette's experience included management roles with Putnam Investments, Bankers Trust, Chase Manhattan Bank, Security Pacific National Bank, and State Street Bank.

In March research conducted by Nucleus Research found that Satuit Technologies "differentiates itself by its deep vertical process knowledge and fixed-cost implementations."

Satuit sells a software as a service product bundled with industry best practices in its out-of-the box configurations. Clients can implement Satuit's custom software product in as little as two weeks, company officials say.

David Sims is a contributing editor for TMC (News - Alert) Net.  For more articles please visit David Sims' columnist page.

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