Odyssey Asset Management Systems has signed it first Russian client, Renaissance Capital Asset Management. Renaissance will implement bot...

Odyssey Asset Management Systems has signed it first Russian client, Renaissance Capital Asset Management. Renaissance will implement both Odyssey’s portfolio manager workstation and relationship manager workstation which will provide advice, support and reporting to its international ultra high net worth individuals, corporate and institutional clients. Didier Vankeerberghen, Global Sales Director of Odyssey Asset Management Systems said: “This is a very strategic signing for us. We hope this will provide a springboard to many more clients in Eastern Europe.” The solution will be implemented jointly by Odyssey and Accenture. Renaissance Capital Asset Management started as an independent business in 2003. As of 1 October 2005 assets under management exceeded $1.6 billion with average account size of $4 million. It specialises in providing asset and fund management services for domestic and international clients on Russian capital markets.