SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that Fédéris Gestion d’Actifs has selected SimCorp Dimension as its new investment management technology platform.
Fédéris Gestion d’Actifs, founded in 2003, is the asset management subsidiary of group Malakoff Médéric. As such the company, which is based in Paris and manages more than EUR 26 billion in assets, will use SimCorp Dimension to support all front office activities including pre and post-trade compliance, investment book of record (IBOR), NAV control, collateral management, performance measurement and risk management.
By using a single, integrated software solution the front office stakeholders will, among other things, gain access to real time information including investment accounting, key risk and performance indicators and non-financial security ratings presented in an intuitive, customizable interface.
“It is important for Fédéris Gestion d’Actifs to be equipped with a modern and scalable platform that is able to grow at the same pace as our business. We were very much looking for a business partner to help us to drive and reinforce our excellence in mastering risks and we believe that SimCorp can play this role,” said Anne Courrier, Managing Director at Fédéris Gestion d’Actifs.
Emmanuel Colson, Managing Director at SimCorp France said “We are very pleased to welcome Fédéris Gestion d’Actifs into our global client community. We will actively leverage our combined front office and IBOR solution experiences to ensure Fédéris Gestion d’Actifs meet their strategic objectives by capturing global growth, maximizing operational efficiency and best navigating regulation. Fédéris Gestion d’Actifs will also actively benefit from our massive R&D investment especially in the front office space.”
Colson continued, “This partnership also illustrates the strategic vision that has guided SimCorp for many years; a vision based on developing best-in-class functionalities from the front to the back office, within a fully integrated solution.”
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Enquiries regarding this announcement should be addressed to:
François Pichon, SimCorp France, +33 608267543
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About Federis Gestion d’Actifs
Fédéris Asset Management is a management company in the social economy sector, managing EUR 26.2 billion of assets as of March 31, 2014. Backed by a team of 48 employees, owned by Malakoff Mederic (a leading French joint and mutual social protection group) Fédéris Asset Management has developed management expertise for its customers, focused on finding consistent performance in accordance with their risk constraints. Clients include insurers, welfare institutions and mutual health companies. For more information on the expertise and products of Fédéris Asset Management, please visit http://www.federisga.fr/home.htm
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. SimCorp’s world-class software provides global financial organizations with the tools they need to mitigate risk reduce cost and enable growth. SimCorp is a global company, regionally covering all of Europe, North America and Asia Pacific. Listed on the NASDAQ OMX Copenhagen, SimCorp is dedicated to supporting the global investment management industry, its clients and its investors. For more information about SimCorp’s products, please visit www.simcorp.com/solutions.
Fédéris Gestion d’Actifs selects SimCorp Dimension as new investment management solution
Fédéris Gestion d’Actifs opts for an integrated Front Office and IBOR solution to manage its overall investments