SIMCORP A/S [CBOE]
SIMCORP A/S [CBOE]
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SIMC
ISIN: DK0060495240

European asset manager selects SimCorp’s integrated solutions for its front office

  • 207

Company announcement no 44/2019

SimCorp announces that a European asset manager has signed a large 7-year subscription-based license agreement for the use of SimCorp’s integrated solutions: SimCorp Dimension, SimCorp Gain, and SimCorp Coric.

Delivered as a cloud-based as-a-service solution, SimCorp Dimension will serve as the asset manager’s core front office platform and Investment Book of Record (IBOR), supporting portfolio and order management, risk, compliance, and performance management. As part of the integrated solution, the asset manager will use SimCorp Gain for enterprise data management and SimCorp Coric as its new client communications and reporting solution. In addition, the agreement includes several regulatory services.

SimCorp CEO, Klaus Holse comments: “It is a great pleasure to sign a large new front office focussed agreement in the asset management space. The agreement is significant for us because it signifies several of the strategic directions we are heading in as a company: it is cloud-based, it includes considerable services elements, and the client will benefit from our ecosystem of solutions.”

The total list of new clients signed in 2019 so far is illustrated below:


PRODUCTCOUNTRYCLIENTTYPEANNOUNCEMENT TYPE
Q1 2019    
SimCorp DimensionUnited KingdomWillis Towers WatsonFront-to-back officePress release
SimCorp DimensionSloveniaSava Re GroupFront-to-back officePress release
Q2 2019    
SimCorp DimensionLuxembourgUndisclosed investment managerFront-to-middle officen.a.
SimCorp CoricUSAUndisclosed investment managerClient reporting 
SimCorp DimensionCanadaHydro-QuebecFront-to-back officePress release
SimCorp DimensionSouth KoreaUndisclosed investment managerFront-to-back officePress release
SimCorp CoricUSAUndisclosed investment managerClient reportingn.a.
SimCorp DimensionUnited KingdomUndisclosed investment managerMiddle-to-back officen.a.
Q3 2019    
SimCorp CoricSingaporeUndisclosed investment managerClient reportingn.a.
SimCorp DimensionUSAPennsylvania Public School Retirement SystemMiddle-to-back officen.a.
Q4 2019    
SimCorp DimensionBelgiumAthoraBack officePress release
SimCorp GainThe NetherlandsUndisclosed investment managerData managementn.a.
SimCorp DimensionUSAUndisclosed investment managerMiddle-to-back officen.a.
SimCorp DimensionCanadaUndisclosed investment managerFront-to-back officen.a.
SimCorp DimensionEuropeUndisclosed investment managerFront-to-middle officeCompany announcement

About SimCorp
SimCorp provides integrated, best-in-class investment management solutions to the world’s leading asset managers, fund managers, asset servicers, pension and insurance funds, wealth managers, banks and sovereign wealth funds. Regardless of how you deploy it, SimCorp’s core solution, SimCorp Dimension®, and its life-cycle services support the entire investment value chain and range of instruments, all based on a market-leading IBOR. SimCorp invests around 20% of its annual revenue in R&D, helping clients develop their business and stay ahead of ever-changing industry demands. Listed on Nasdaq Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.

Enquiries regarding this announcement should be addressed to:

Investor contacts:
Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8800, +45 2326 0000)
Michael Rosenvold, Chief Financial Officer, SimCorp A/S (+45 3544 8800, +45 5235 0000)
Anders Hjort, Head of Investor Relations, SimCorp A/S (+45 3544 8800, +45 2892 8881)

Media contact:
Anders Crillesen, Group Communications Director, SimCorp A/S (+45 3544 8800, +45 2779 1286)

ti?nf=MTAwMDMxMTQ1MyM0MDA1Njg3MzEjMjAwMDQ4Mg==

Primary Logo

GlobeNewsWire
GlobeNewsWire

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases, financial disclosures and multimedia content to media, investors, and consumers worldwide.