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SimCorp and ITG Net® form partnership

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Partnership between SimCorp and ITG Net will provide SimCorp Dimension users
with enhanced FIX connectivity and dynamic real-time transaction cost analysis
tools. 

SimCorp, leading supplier of highly specialised software for the investment
industry, and ITG Net®, premier network for global, broker-neutral,
platform-neutral trade routing and ‘best execution' services, have entered into
a global partnership agreement. The agreement enables users of SimCorp
Dimension, SimCorp's investment management solution, to improve trade outcomes
by utilising ITG Net to route orders to broker dealers via a certified
interface and to use ITG's suite of real-time transaction cost analysis tools,
Trading Analytic Widgets™. 

ITG Net connects the buy side over a fully managed, robust and secure FIX
network to over 480 brokers in order to access their trading destinations,
algorithmic tools and DMA solutions. In addition to extensive connectivity, ITG
Net helps dealers achieve best execution by providing value-added services
across the trade life cycle. These services include ITG's Trading Analytic
Widgets, which monitors trade performance in real time and evaluates execution
quality and broker performance against selected benchmarks. With Trading
Analytic Widgets, SimCorp Dimension clients will be able to visualise order
progress, graphically analyse execution patterns and generate reports for
printing or mailing. 

“The dealing desk is facing challenging markets characterised by low volume and
volatility, closer scrutiny from clients and regulators and a myriad of venues.
However, preserving the intent of the order, trading without foot print or
impact and contributing to the overall performance result, remain key
objectives” said Matthew Reid, who is responsible for the strategic direction
of order management in SimCorp Dimension. “We introduced ITG's Trading Analytic
Widgets to our user group and they immediately recognised the value of
real-time analytics and how they will help them to manage open orders and
achieve better trading results. ITG Net's FIX network is now fully certified
with SimCorp Dimension and ITG's Trading Analytic Widgets co-resides with the
system's order management core functionality, providing a seamless, managed
deployment. We expect significant adoption as our clients continue to increase
their reliance on our platform.” 

“We are very excited about our partnership with SimCorp,” concludes Tony Booth,
ITG Net international director. “We are working together to deliver our FIX
network and continue developing ITG's Trading Analytic Widgets. This means that
SimCorp Dimension clients will get the benefit of our expertise in our
respective fields as we seek to add value to the dealing desk.” 

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Enquiries regarding the announcement should be addressed to: 
Matthew Reid, Domain Manager at SimCorp, +44 2072 60 1921/ +44 7971 98 0760.

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About SimCorp 
SimCorp is a leading provider of highly specialised software and expertise for
the investment industry. SimCorp supports global investment management
organisations in mitigating risk, reducing cost and enabling growth through
development and implementation of its market-leading financial software
solution SimCorp Dimension. Established in 1971, with more than 1,100
employees, SimCorp is listed on the NASDAQ OMX Copenhagen A/S. SimCorp is
headquartered in Copenhagen with subsidiaries and branches in Amsterdam,
Brussels, Frankfurt, Helsinki, Hong Kong, Kiev, London, Los Angeles,
Luxembourg, Munich, New York, Oslo, Paris, Singapore, Stockholm, Sydney,
Toronto, Vienna and Zurich. For more information about SimCorp, visit
www.simcorp.com. 

About ITG
Investment Technology Group, Inc., is an independent agency research broker
that partners with asset managers globally to improve performance throughout
the investment process. A leader in electronic trading since launching the
POSIT(R) crossing network in 1987, ITG takes a consultative approach in
delivering the highest quality institutional liquidity, execution services,
analytical tools, and proprietary research insights grounded in data. Asset
managers rely on ITG's independence, experience, and intellectual capital to
help mitigate risk, improve performance, and navigate increasingly complex
markets. The firm is headquartered in New York with offices in North America,
Europe, and the Asia Pacific region. For more information on ITG, please visit
http://www.itg.com/.

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