Prominent German pension fund selects SimCorp Dimension
A renowned German occupational pension fund with more than EUR 6bn under management has selected SimCorp Dimension as its future investment management system.
SimCorp Dimension will be used as a seamlessly integrated solution, from portfolio management to accounting for the firm’s entire range of investments.
Critical to the pension fund’s choice of SimCorp Dimension was the system’s comprehensive range of functionality as well as its ability to provide a transparent view of externally managed funds.
As it enables seamless processing across the entire investment management process in a single system, SimCorp Dimension will give the flexibility to support the firm’s current and future needs. It will also provide an optimal basis for the control and reporting of all managed funds.
"Increasing demands and more regulatory change are facing the pension industry," said Dr. Ralf Schmücker, managing director of SimCorp Central Europe and responsible for sales and product management. "A flexible and future-proof solution is thus an important driver for success. In Europe, several of the largest pension funds already rely on SimCorp Dimension as their investment management platform, and we are pleased to welcome this new pension firm to our list of esteemed clients."
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Enquiries regarding this announcement should be addressed to:
Oliver Widmann, Marketing Manager, SimCorp GmbH, (+49 6172 9240535/+49 175 7214055).
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About SimCorp
Since 1971, SimCorp has been providing investment and portfolio management software and services to the world’s leading investment managers, asset managers, fund managers, fund administrators, pension funds, insurance funds and wealth managers. SimCorp’s world-class software provides global financial organisations with the tools they need to mitigate risk, reduce cost, and enable growth. SimCorp is a global company, regionally covering all of Europe, North America and Asia Pacific. Listed on the NASDAQ OMX, SimCorp is dedicated to supporting the global investment management industry, its clients and its investors. For more information about SimCorp’s products, please visit www.simcorp.com/product.