CorrectNet Leads Due Diligence Education for Institutional Asset Managers


NEW YORK, March 8, 2011 -- CorrectNet, the market leader in managed client communications for the institutional asset management industry, leads the way in due diligence education for institutional asset managers and investors. At a time when diligence is at the forefront of any investment, CorrectNet takes a pro-active role in defining and supporting industry best practices in reporting and investor communications.

Bob Miller, CorrectNet's CEO will be chairing the "Due Diligence for Institutional Investors" conference to be held March 28th - 29th at The Princeton Club in New York City. "CorrectNet has a long tenure as an industry leader in investor reporting and we are delighted to have them be a part of our program -- industry's most comprehensive due diligence conference focused on institutional asset management," explains Erin Busch, Conference Director at Financial Research Associates. "Their experience working with institutions, banks, and hedge funds make them the perfect partner to moderate this ground breaking event." The 2-day conference will bring together over 25 experts to speak on topics ranging from operational diligence and investment transparency requirements to reporting policies and processes.

"Whether supporting new mandates or retaining assets, due diligence processes need to span front, middle, and back office operations and include constituents from every part of the business," notes Bob Simon, Senior Director at CorrectNet. "Workflow managed process, automated data integrations, and collaborative publishing mechanisms are now required in light of the increase of information and the frequency at which it's shared."

CorrectNet's infiPOINT platform is used by asset management and asset servicing business worldwide, in every major financial jurisdiction. With the continued growth of its European business and new clients in London, CorrectNet is also sponsoring TSAM Europe 2011 on March 8th. Leading panel discussions on web reporting, CorrectNet will address Europe's largest gathering of buy side operations and technology professionals.

To obtain more information on either conference or to attend as a CorrectNet guest, please contact Bill Lichtwald at bill.lichtwald@correctnet.com or +1.631.574.6210.

About CorrectNet
CorrectNet is the market leader in managed service-based information delivery and client reporting for asset management firms and institutions. Founded in 1997, CorrectNet provides infrastructure, operations and people to manage the aggregation, enrichment, quality assurance and formatting of complex investment data, delivered through rich reporting web portals to investors, portfolio managers, operations teams and executives. CorrectNet's managed service supports over 400 implementations, processing over two million data feeds per day and serving over 500,000 users; providing firms with more information, more frequently and with more flexibility. For more information about CorrectNet, visit www.correctnet.com.

About Financial Research Associates
Financial Research Associates provides the financial community with access to business information and networking opportunities. Offering highly targeted conferences, FRA is a preferred resource for executives and managers seeking cutting-edge information on the next wave of business opportunities. Please visit www.frallc.com for more information on upcoming events.

SOURCE CorrectNet

CONTACT: Bob Simon, +1-631-574-6211

Web Site: www.correctnet.com

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