SimCorp Dimension to support BMO Global Asset Management's investment operations in Toronto, Chicago and Milwaukee

SimCorp announces that it has signed a license agreement with Bank of Montreal in relation to its North-American based subsidiaries within BMO Global Asset Management*.

SimCorp’s flagship product SimCorp Dimension will be used by BMO Global Asset Management for investment accounting, performance, attribution, cash management, reconciliation and client reporting. The SimCorp solution will support the organisation’s operations in Toronto, Chicago and Milwaukee.

Enquiries regarding this announcement should be addressed to:
David Kubersky, Managing Director, SimCorp North America: +1 212 994 9401
Torben Munch, Executive Vice President, Chief Operating Officer, SimCorp A/S: +45 3544 8800, +45 2223 4789

* BMO Global Asset Management includes certain indirectly, wholly-owned subsidiaries of Bank of Montreal.