Thursday, December 20, 2007

DekaBank chooses SimCorp Dimension

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.
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2 comments:

  1. Yoann JagouryTuesday, January 08, 2008 9:38:00 AM

    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

    ReplyDelete
  2. Ronald KnechtTuesday, January 08, 2008 6:22:00 PM

    Thanks for the kind words and the invitation! I will certainly give you a ring the next time I'll be around...

    Regards, Ron

    ReplyDelete