SimCorp signs large North American bank

SimCorp announces that it has entered a software license agreement with a leading, North American bank with assets under management in excess of $100 billion.

The bank will use SimCorp’s investment management solution, SimCorp Dimension for investment accounting, fund accounting, performance measurement, reconciliation and risk management.

The next phase will include scoping and definition of services and the contract is subject to a mutual agreement of these between both parties.

Enquiries regarding this announcement should be addressed to:
David Kubersky, Managing Director, SimCorp North America (+1 212 994 9401) or
Torben Munch, Executive Vice President, Chief Operating Officer, SimCorp A/S (+45 3544 8800, +45 2233 4789)