Thursday, March 13, 2008

Postbank Luxembourg implements SimCorp Dimension’s Fund Accounting in seven months

Deutsche Postbank International (PBI) has successfully been going to production with the fund accounting module within, what Simcorp says, 7 months.

Although PBI being a rather small investment banking institution, Simcorp stresses the fact that short running projects are possible with its system - contrary to what some people in the market seemed to have been noting.

I wonder if this has any impact on the system that will finally be selected and implemented at the German Postbank Private Investment (PPI).

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