This year’s win is particularly noteworthy for SimCorp, following a hat-trick of awards from 2015-2017 for Best Investment Book of Record solution*.
The FTF News and Technology Innovation Awards celebrates leading financial technology vendors, service providers, industry bodies and regulators that have made significant developments and delivered ‘operational excellence’ during 2017. The awards promote peer-to-peer recognition, with each category voted for by industry peers, clients and industry professionals.
Ahead of the competition, SimCorp’s fully integrated front to back platform, SimCorp Dimension, was recognized for its innovation and best in class service for the global buy-side. Delivering a robust front office solution, advanced IBOR technology and investment management support across the entire investment lifecycle, SimCorp Dimension serves almost half of the world’s top 100 investment managers, with over 19 trillion dollars in assets managed on the platform, by SimCorp’ s global portfolio of clients. Using a ‘single source of truth’, SimCorp Dimension delivers investment firms a critical and accurate overview, essential to maintaining a competitive edge.
SimCorp Dimension combines the investment management of both traditional and alternative asset classes and instruments, assisting clients with consolidation and automation of processes. To meet the evolving needs of global firms and ensure its clients are always one step ahead, SimCorp reinvests 20% of its annual revenue into R&D, assuring several new software releases every year. In 2017, this included a new Alternative Investments Manager, new front office and collateral management workflows, and a new Strategy Manager, for enhanced Solvency II compliance.
*The award for Best Investment Book of Record Solution was not included in this year’s awards.
Enquiries regarding this announcement should be addressed to:
Mittal Shah, SimCorp PR UK/North America +44 207 397 8072 [email protected]
Anders Crillesen, SimCorp Corporate Communications +45 3544 6474 [email protected]
About SimCorp
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.