Two more closed deals for SimCorp - an overall impressing year for SimCorp!
The respective usage of these new customers seem to be totally different:
Oberbank will use SimCorp Dimension as its strategic investment management solution covering depositary banking, fund administration, IFRS and compliance.
3 Banken-Generali Investment will use SimCorp Dimension as its systems platform for risk management and performance attribution. I'm curious what were the reasons for them not to choose SimCorp dimension as their fund administration system...
Nachtrag vom 10. August 2009: Herr Widmann von SimCorp ergänzt dazu: Anders als in Deutschland obliegt österreichischen KAGen nicht die Fondsbuchhaltung, sondern nur das Fonds-Management (Front- und Middle-Office). Die Fondsbuchhaltung obliegt einer separaten Depotbank. Diese ist dann üblicherweise auch die Muttergesellschaft der KAG. Im Fall von 3-Banken Generali fungiert die Oberbank als Depotbank. Nehmen Sie z.B. unseren weiteren Abschluss in Österreich mit der Kepler KAG (Börsenmitteilung vom 13.02.). Die Depotbank von Kepler, dito Muttergesellschaft der Kepler, hat sich ebenfalls für SimCorp Dimension entschieden."
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
Sunday, December 21, 2008
Austrian Oberbank and 3 Banken-Generali Investment choose SimCorp Dimension
Posted by Ronald Knecht at 7:34 PM 0 comments
Labels: 3 Banken-Generali Investment, Austria, Austrian Oberbank, Compliance, Depository Banking, Dimension, English, Fund Adminstration, IFRS, Risk Management, SimCorp, System Selection
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