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Edmond De Rothschild Asset Management expands its services for third party asset managers with SimCorp

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Press release

  • Edmond de Rothschild Asset Management has entered into a strategic partnership with SimCorp, as the foundation for its EOS Portfolio Management service offering.
  • With EOS Portfolio Management, asset managers will benefit from a fully integrated front to back BPO service offering that meets their needs for operational efficiency in a highly competitive environment, where margins are under un-precedented pressure.

Edmond de Rothschild Asset Management has signed a strategic framework agreement with SimCorp, to provide portfolio management solutions for third party asset managers, using SimCorp’s flagship front-to-back solution; SimCorp Dimension.

An agreement has been signed between the two parties to extend the promotion of EOS Portfolio Management, whereby SimCorp will actively support efforts to reach a wider audience of asset managers, while providing access to the latest SimCorp solutions and technical expertise.

Launched successfully in October 2018, EOS Portfolio Management is a front-to-back solution including data management services, allowing asset managers to maximize their efficiency whilst reducing operational and financial risks.

With EOS Portfolio Management, asset managers benefit from Edmond de Rothschild Asset Management’s front, middle and back office infrastructure and expertise, which has been built with SimCorp Dimension over the past decade. Asset managers using the EOS Portfolio Management service offering will be able to focus on their core business: managing assets, renewing their source of alpha, developing customer experience and driving performance.

By powering EOS Portfolio Management, SimCorp extends its reach towards smaller, medium-sized asset managers, who benefit from feature-rich functionality and timely, complete and accurate data, within one integrated solution. BPO holds many advantages such as streamlining the internal organization with the backing of robust risk management, compliance and performance analysis tools, and excellent reporting capacity.

“SimCorp’s strategic framework agreement enables EdRAM, and asset servicers and custodians alike, to address operational complexity and deliver superior service to their clients. Powering the operations of these entities, enables SimCorp to reach a wider footprint within the buy side and also serves its needs by building a value-added investment ecosystem. We are delighted to partner with EdRAM and provide small to medium sized asset managers access to our flexible and scalable solution. Combined with EdRAM’s strong business services expertise, the partnership offers a robust tool to accelerate business growth in a competitive market” says Emmanuel Colson, Managing Director, SimCorp Southern Europe.

“This strategic partnership with a global leader in integrated investment management solutions is an exceptional opportunity. It will allow us to increase the distribution of our EOS Portfolio Management solution with active support from SimCorp and access the latest solutions and technical expertise”, said Serge Weyland, CEO of Edmond de Rothschild Asset Management (Luxembourg).

Alongside EOS Distribution Management, EOS Portfolio Management is part of a comprehensive range of services named Extended Outsourcing Services (EOS), developed by Edmond de Rothschild Asset Management in 2018. It is intended for institutional mandate and fund managers needing to control their costs in an increasingly competitive and regulated environment.

Enquiries regarding this announcement should be addressed to: 

SimCorp

Mittal Shah, SimCorp PR Manager, UK, North America, Asia Pacific +44 207 397 8072 mittal.shah@simcorp.com 
Anders Crillesen, SimCorp Corporate Communications +45 3544 0000 anders.crillesen@simcorp.com 

Edmond De Rothschild

Nicolas Raulot (France), +352 24 88 20 34 – n.raulot@edr.com
Karin Innerhofer (UK), Portland Communications, +44 20 7554 1763 karin.innerhofer@portland-communications.com

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. 

About Edmond De Rothschild
Edmond de Rothschild is an ambitious, independent family-run investment house founded in 1953, which specialises in private banking and asset management based on the idea that wealth should be used to create tomorrow’s world. In all its activities, the Group focuses on bold strategies and long-term investments which are rooted in the real economy – infrastructure, healthcare and impact investing. The Group has 150 billion EUR in assets under management, 2,700 employees and 32 sites worldwide as of 31 December 2018. It is also active in corporate finance, private equity, real estate and fund services. For more information, please visit www.edmond-de-rothschild.com.

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