In this interview, Rosemarie McClean, Chief Operating Officer (COO) of Ontario Teachers’ Pension Plan provides insights on how the right technological platform enables you to respond to business needs in an agile and innovative manner.
Read the article and to learn about:
- Why COOs must demonstrate efficient operation
- Why COOs must have increasing strategic insight and contribute to the overall business goals
- The importance of strong vendor relationships
- How an IBOR can help you keep pace with business needs
“Our, and other pension plans’, future depends on our ability to respond to business needs in an agile and innovative manner,” said Rosemarie McClean, COO at Ontario Teachers’ Pension Plan. “The rapid pace of change in areas like regulatory compliance and collateral management makes it essential for us to have the right technical platform in place to deliver timely and accurate information across all asset classes to our investment professionals at any time of the day. An IBOR is one way of organizing your data to be able to address the kinds of business challenges we are facing today.
To have confidence that we will be able to keep pace with our business needs through application of technical capabilities like an IBOR, strong relationships with industry-leading vendors like the one we have with SimCorp are essential.”
The CXO relay is part of SimCorp’s ongoing executive communications platform that features leading buy-side executives’ views, experiences and best practices on critical issues in the investment management industry. Recent contributors include: Régis Martin, Deputy CEO and CFO at Unigestion and Claudio-Peter Prutz, Head of IT and Organizational Development at MEAG.
To read this article and other industry thought leadership pieces featured in The Journal of Applied IT in Investment Management, please click here.
Enquiries regarding this announcement should be addressed to:
Erica Fidel, SimCorp North America, [email protected], +1 212 994 9453
Anders Crillesen, SimCorp Corporate Communications, +45 3544 6474
SimCorp provides integrated, best-in-class investment management solutions to the world’s leading asset managers, fund managers, asset servicers, pension and insurance funds, wealth managers and sovereign wealth funds. Whether deployed on premise or as an ASP solution, its core system, SimCorp Dimension, supports the entire investment value chain and range of instruments, all based on a market-leading IBOR. SimCorp invests more than 20% of its annual revenue in R&D, helping clients develop their business and stay ahead of ever-changing industry demands. Listed on NASDAQ Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.