Danske Bank Asset Management consolidated front office systems across four countries with our solutions
Danske Bank Asset Management is one of the biggest Nordic players, managing around EUR 100 billion worth of assets with core markets in Denmark, Finland, Norway, and Sweden.
Michael Sinnet, IT Lead and Senior Vice President for Danske Bank Asset Management, shares how they unified their investment processes with us, which enabled them to achieve higher straight-through processing (STP) rates, build a strong highway for launching new products, and establish a scalable setup for their new focus on sustainability and ESG.
Lead and Senior Vice President for Danske Bank Asset Management
We have been a client for SimCorp for almost 25 years and we have focused in the later years to simplify and standardize our platform…We accelerated the way we did trading and we gathered uniform investment processes and there SimCorp played a big role, both with the help, but also the modules we implemented – Asset Manager and Order Manager, Compliance Manager.
IT Lead and Senior Vice President, Danske Bank Asset Management
AUM: More than EUR 100 bn
Investment professionals: Approx. 200
About Danske Bank Asset Management
Danske Bank Asset Management is an international asset manager. It is part of the Large Corporates & Institutions division at Danske Bank, and has more than EUR 100bn in assets under management for institutional and retail clients, making it one of the largest asset managers in the Nordics. With approximately 200 dedicated investment professionals and additional resources in operations, compliance and legal, etc., Danske Bank Asset Management serves clients in the Nordics and around the world. The company is headquartered in Denmark, but also operates from offices in Sweden, Norway and Finland.