Finally, DekaBank has signed with Simcorp. The negotiations have been going on for months and first rumours about a possible stop popped up.
DekaBank plans to replace Sungard V3.Fonds with Simcorps Fund Accounting and compliance module.
This probably was the biggest deal that was left to do in Germany for a longer time. The biggest KAGs (German investment banking institution) are now "taken": DWS/DeAM and Allianz Global Investors use Simcorp, Union uses IGEFI MultiFonds, Universal and ComInvest use ProfiData Xentis. For fund accounting / back-office in KAGs, that is.
Welcome to this blog!
...you've found a bilingual blog, so please choose "English" or "German". The blog represents personal views on IT systems and consulting in the asset management and investment banking market and focuses predominantly but not exclusively on issues in German speaking countries, respectively countries with a German speaking sub-community (DE, AT, CH, LU, LI, BE, IT).
For more information about this blog check out the blog note: I-2008 or all blog notes
For more information about this blog check out the blog note: I-2008 or all blog notes
Thursday, December 20, 2007
DekaBank chooses SimCorp Dimension
Posted by Ronald Knecht at 2:15 PM
Labels: Allianz Global Investors, ComInvest, Deka, DWS, English, Fund Accounting, Germany, IGEFI, MultiFonds, ProfiData, SimCorp, Union Investment, Universal, V3.Fonds, Xentis
Subscribe to:
Post Comments (Atom)
2 comments:
Excellent blog with regular high quality postings.
It would be a pleasure to invite you for lunch/drink if you come by to Luxembourg one of those days.
MfG
Thanks for the kind words and the invitation! I will certainly give you a ring the next time I'll be around...
Regards, Ron
Post a Comment