SimCorp widens partnership with Baloise
June 7, 2023
SimCorp announces that it has expanded its long-standing partnership with Baloise Asset Management AG. The Swiss asset manager has been using SimCorp's investment management platform since 2006 and has signed a front-to-back SaaS and Data Management Service agreement.
“The move to a SimCorp SaaS solution will enable us to streamline our operations by leveraging the latest advancements in technology and automated processes. Ultimately, this will allow us to allocate more resources to value-adding activities and improve operational efficiency,“ says Joris Müller, CTO at Baloise Asset Management AG.
When migrating to SimCorp’s SaaS platform, users typically experience significant performance improvements across various business processes. Additionally, implementing efficient Data Management solutions can enhance the ability to derive investment insights from data.
“We are pleased to strengthen our long-term commitment with Baloise Asset Management. The move to SaaS will enable Baloise Asset Management to future-proof their investment management operations,” says Ralf Schmücker, Managing Director for EMEA at SimCorp.
Baloise Asset Management AG is a division of the insurance company Baloise Group. As of 31 December 2022, the total assets under management at Baloise Asset Management stood at CHF 55.8 billion (EUR 56 billion). In addition to managing the parent company’s assets, Baloise Asset Management offers third-party investors exposure to sophisticated investment strategies within equities, bonds, real estate, multi-asset, infrastructure debt and senior secured loans.
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SimCorp Media Contact:
Søren Rathlou Top, Global PR & Communications Manager
+ 45 31 15 87 06