BMW bereitet Trennung von IT-Tochter Cirquent vor

Das Gerücht ist nicht neu (und liegt auch dem Autor des Artikels nicht exklusiv vor, wie er glauben machen möchte) , und es war absehbar (wie ich bereits bei der Namensänderung in Cirquent spekuliert hatte). Auch wenn der japanische IT-Dienstleister NTT Data Corp als neuer Besitzer heiß gehandelt wird, so ist hier die Messe noch nicht gelesen - es sind (wenn man den Gerüchten glauben mag) eine ganze Reihe von Interessenten vorhanden, so etwa die indische Tata Group oder T-Systems.

Hedge Funds

Seen at AllNighter...thanks!

The ‘Next Generation’ Transfer Agency Systems Review 2008

Another report from Barrington, this time they analyzed what they call "The Next Generation" TA systems. They take a look at systems that support global on-shore and off-shore funds, systems that are capable of supporting shareholder accounting in US, European, Asian and offshore environments. Hence: they had a look at all relevant TA systems that money can buy on this planet.

Here is the list of systems they reviewed:

• Bravura Solutions - RUFUS
• Envision Financial Systems - PowerAgent V 6.0
• i-flex Solutions - FLEXCUBE Investor Services
• HWM Financial Solutions - ManTra
• IFDS-Canada - iFAST Release x
• IGEFI, Ltd - MultiFonds V x
• Koger, Inc. - NTAS V 2007
• Linedata Services - MSHARE Version x
• Luna Technologies Ltd. MStar Transfer Agency System
• Mutual Fund Technologies Ltd. - GFAS
• RPM Technologies - RPM
• Riva Financial Systems Ltd. - Riva TA
• ARBES Group - ARBES TA

Systems reviewed are from the following countries:

• Australia
• Canada
• Czech Republic
• India
• Ireland
• Luxembourg
• United Kingdom
• United States

The survey sells for $7,000...

Swiss Life setzt auf SimCorp Dimension

Schon wieder eine Erfolgsmeldung für SimCorp: der Schweizer Spezialist für Lebensversicherungs- und Vorsorgelösungen, Swiss Life, entscheidet sich für SimCorp Dimension. Dabei wird die gesamte Prozesskette im Asset Management abgedeckt: Order-Management, Portfolio-Management, Compliance, Performance-Measurement und Accounting (IFRS) sowie entsprechendes Reporting.

Interessanter Aspekt dabei: meines Wissens setzt Swiss Life bisher MultiFonds von IGEFI ein...

Report on Order Management Systems

This report by CAPIS (Capital Institutional Services), done in 2007, shows a nice overview of funtionalities of Order Management Systems, as well as an overview of them with a detail fact sheet per system.

The report covers systems that have a rather big footprint in the USA and is far from being complete, but the information listed per system is superb although more or less taken from the vendors fact sheets (for most of the given information).

The functionalities being expected in an order management system (from CAPIS' point of view):

• Portfolio Management (normally not an integral part of an OMS but a system group of its own)
  
• Compliance
• Trading
• Fix (considered to be a separate functionality group, in my opinion a general order routing functionality)
• Allocation
  

Systems listed are:

• Advent - Moxy
• SS&C - Antares
• Bloomberg - POMS
• Charles River - CRIMS
• Eze Castle
• Fidessa - LatentZero
• INDATA
• LineData - LongView
• MacGregor - XIP
• Sungard - Asset Arena (formerly known as Decalog)