Middle East Government Owned Investment Fund Extends Use of SimCorp Dimension®

The fund has been a SimCorp client for a number of years and will extend its use of SimCorp Dimension® across front, middle and back office, including accounting, collateral management, risk, performance, portfolio management, and trading.

SimCorp CEO, Klaus Holse, comments: “Most government owned investment funds invest globally and need an IT infrastructure that enables operational efficiency and scalability in a global environment. This deal is yet another testament that SimCorp Dimension® with its front-to-back integration is well-positioned to serve the needs of such organizations.”

Enquiries regarding this announcement should be addressed to:

Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 6858, +45 2811 3828)

Peter R. Hill, Managing Director, SimCorp Ltd. (+44 2072 60 1901, +44 0785 099 6940)

Company Announcement no. 19/2016