News and announcements
  • Alberta Investment Management Corporation Realizes Significant Gains with SimCorp Dimension21 November 2014

    SimCorp today released a video describing the benefits that Alberta Investment Management Corporation (AIMCo) has realized since the firm initiated an organization-wide undertaking, known as ‘AIMCo Innovations,’ to modernize its investment systems and processes with SimCorp Dimension. AIMCo is one of Canada’s largest and most diversified institutional investment fund managers with more than $80 billion in assets under management. AIMCo’s 27 clients include pension funds, endowment funds and the Alberta Heritage Savings Trust Fund for the Government of Alberta.

    View video

    Watch the video to learn how AIMCo:

    • Saves $500K annually without increasing the FTE (full time equivalent personnel)
    • Is able to reconcile a single transaction across three different accounting frameworks, taking into account regional practices and multiple currencies
    • Is able to be a low cost provider to its clients

    “As we were transforming as a company, we began doing far more complex investments and we knew that the operating system in place would not support our plans for the future,” said Michael Baker, Senior Vice President, Investment Operations at AIMCo. “We realized that we needed to be a data driven organization with the ability to provide accurate, timely data to our risk and investment professionals to allow them to make sound investment decisions. This concept was the genesis of ‘AIMCo Innovations’. By aligning ourselves with a best in class system, our clients now benefit from one of the most robust decision making platforms in the investment world, and we leverage that data to earn the best risk-adjusted returns on their behalf. AIMCo manages money for 300,000 pensioners and also helps to fund scholarships, so fiscal prudence is critical. It is what allows us to do the best job possible to support our clients.”

    “An organization like AIMCo cannot effectively manage risk for its clients without reliable data,” notes James Corrigan, Managing Director at SimCorp North America. ”As a result of ‘AIMCo Innovations’, today, there is high-quality information that is consistent, reconcilable and understandable. Outdated processes and systems have been replaced with modern, effective infrastructure and software, significantly reducing operational risk and increasing efficiency. We are proud to be AIMCo’s partner of choice to help achieve these goals.”

    To view the full video, please visit here.

     

    Enquiries regarding this announcement should be addressed to:
    Susan Peter, SimCorp North America, 917-546-4654

  • Presentation of SimCorp’s interim report January to September 201419 November 2014

    As previously announced SimCorp’s interim report for the first nine months of 2014 will be released Wednesday 26 November 2014 in connection with the Board of Directors’ meeting that day. The report will be forwarded to NASDAQ OMX Copenhagen A/S immediately after the meeting which is expected to finish after 5:00 pm.

    SimCorp’s Executive Management Board will present the report at an investor meeting Thursday 27 November 2014 at 9:00 am (CET) at the company’s headquarters, Weidekampsgade 16, 2300 Copenhagen S. The meeting will be open to the public, and a live webcast of the presentation can be followed via this link, where it will be possible to ask questions online: http://www.media-server.com/m/p/siz8qcdn.

    Registration for participation in the investor meeting should be forwarded to Hanne Kirkegaard at hanne.kirkegaard@simcorp.com no later than Wednesday 26 November 2014.

    The presentation will be available afterwards via SimCorp’s website www.simcorp.com.

    SimCorp A/S

  • Share buyback program18 November 2014

    In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 10.0m (approx. DKK 74.6m) in the period from 2 September 2014 to 13 February 2015.

    The following transactions have been executed under the program:

    Date                

     

    Number of shares

     

    Average purchase price (DKK per share)

    Amount (DKK)

     

    Accumulated under the program as of last announcement:

    313,998

    165.74

    52,040,527

    11 November 2014

    1,800

    175.92

    316,656

    12 November 2014

    1,700

    174.67

    296,939

    13 November 2014

    1,800

    175.14

    315,252

    14 November 2014

    1,900

    174.73

    331,987

    17 November 2014

    1,500

    173.27

    259,905

    Accumulated under the program following above purchases:

    322,698

    165.98

    53,561,266

    Following above purchases, SimCorp holds 898,566 treasury shares corresponding to 2.17% of the share capital.

    Purchases for an amount of EUR 2.8m (approx. DKK 21.0m) remain to be executed under the program.

    Enquiries regarding this announcement should be addressed to:
    Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000)

    Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 8800, +45 2811 3828)

    Company Announcement no. 46/2014 

  • SimCorp Dimension Named Best OTC Derivatives Technology Platform at 2nd Annual Global Custodian Awards for Excellence14 November 2014

    SimCorp today announced that SimCorp Dimension was named “Best OTC Derivatives Technology Platform” at the Global Custodian Awards for Excellence 2014. In 2013, SimCorp Dimension was recognized as “Best Fund Manager System” in the collateral management category.

    Presented on November 13th in New York City, the Global Custodian Awards for Excellence aim to recognize the firms that are bringing innovation to custodians, prime brokers, securities finance/repo and securities lending participants, administrators and their end clients.

    “Providing a reliable infrastructure for derivatives processing is essential for enhancing the trade lifecycle and enabling firms to take control with a formulated and seamless process,” says Janet DuChenne, senior editor, Global Custodian. “SimCorp’s integrated Derivatives Processing Solution spans the entire investment value chain.”

    “SimCorp Dimension supports the entire derivatives trade lifecycle - it is a single solution that handles all the processing across all asset classes, reducing complexity and accelerating the onboarding of new instruments,” explains Klaus Holse, CEO at SimCorp. “We at SimCorp are honored to have our innovative work in the derivatives processing space recognized by Global Custodian with this award.” 


    Enquiries regarding this announcement should be addressed to: 
    Susan Peter, SimCorp North America , 917-546-4654, sup@simcorp.com


    About SimCorp
    Since 1971, SimCorp has been providing investment and portfolio management software and services to the world’s leading investment managers, asset managers, fund managers, fund administrators, pension funds, insurance funds, and wealth managers. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organizations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.

  • New SimCorp Coric Upgrade Equips Client Services with Self-Service Client Reporting Tools11 November 2014

    SimCorp, has released a new version of SimCorp Coric, its best of breed client communications and reporting solution. This is the second of two upgrades released in 2014. SimCorp completed the acquisition of Equipos, the award-winning client reporting market leader, on March 1, 2014. The firm’s Coric Client Communications solution was re-branded SimCorp Coric in June.

    This new release will provide institutional asset managers and private wealth management firms with a suite of web-based, business-user-friendly tools that enable the quick and easy creation of pitchbooks, client meeting packs and other client communications.

    Relationship managers, advisors, Client Services professionals and bid management teams will use these tools to create unique, personalized documents on the fly. Custom reports are generated simply by selecting from a library of pages or sections, which are created, maintained and pre-approved by relevant stakeholders (Marketing, Sales, Compliance, and Legal). The correct cover, contents, styling and disclaimers are automatically inserted, thereby eliminating the risk of compromising corporate branding guidelines, missing deadlines or breaching compliance. The output typically requires no further approval prior to publishing and can be distributed in print or electronically, according to client preferences. It can also be viewed on-screen, in real-time, during a client meeting if required.

    These capabilities have been introduced in response to demand for self-service tools that shorten the process of creating client reports and other client communications. As a result, relationship managers and advisors can spend more time in client-facing engagement. Pitchbooks and client meeting packs can be compiled much closer to a meeting date or deadline, enabling constructive discussions with clients, based on the most current data.

    Also included in this release is enhanced support for Microsoft Excel. Output created within SimCorp Coric can be exported into Excel worksheets, retaining marketing-quality look and feel while providing greater control over native Excel functionality.

    “With competitive pressure for wealth and asset managers to operate more efficiently and engage with clients more effectively, self-service tools ensure timely and relevant client communications,” said Klaus Andersen, Managing Director, SimCorp Coric. “Our goal, when we began creating this SimCorp Coric upgrade, was to enable client services teams to present prospective and current clients with the valuations and data they require, whenever they require them, in order to facilitate discussions that will ensure business growth and promote client loyalty.”


    Enquiries regarding this announcement should be addressed to:

    Nicola Cowburn, SimCorp Coric Global Marketing (+ 44 (0)1344 701988)


    About SimCorp
    Since 1971, SimCorp has been providing investment and portfolio management software and services to the world’s leading investment managers, asset managers, fund managers, fund administrators, pension funds, insurance funds, and wealth managers. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organizations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.

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Chief Financial Officer

+45 3544 6858
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