SimCorp secures mandate with the Teacher Retirement System of Texas to help transform the pension fund’s investment technology capabilities
· The Teacher Retirement System of Texas (TRS) has selected SimCorp One as one of its new comprehensive technology platforms. · This is part of TRS’ strategy to strengthen portfolio management, investment operations and accounting processes. · This selection of SimCorp One will increase straight-through processing rates and simplify TRS’ investment management technology landscape.New York, 9 September 2024 – SimCorp, a leading global financial technology company, today announced that the Teacher Retirement System of Texas (TRS), the seventh largest pension plan in the U.S.[1],