21 August 2014
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Merlon Capital Partners goes live with SimCorp Dimension front office suite

03 June 2014  |  564 views  |  0 Source: SimCorp

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has announced that Sydney-based boutique fund manager, Merlon Capital Partners has gone live with SimCorp Dimension's Front Office suite following a rapid deployment.

Merlon Capital Principal, Andrew Fraser, said, "I thought that it would take much longer, however the full suite was delivered in only 2 months."

By deploying SimCorp's Asset Manager, Compliance Manager and Order Manager, Merlon Capital is able to provide full integration with trading counterparties, improve front office efficiencies and drive business growth.

"The embedded broker algorithms streamline trade execution processes, saving us a significant amount of time on a daily basis, and most importantly reduce operational risk" added Fraser. "Embedding broker algorithms in the Order Management System and integrating with trade analytics software further enhances the product offering from SimCorp. Looking forward, having access to the relevant trading platforms, allows us to take advantage of market opportunities."

The Front Office suite at Merlon Capital forms part of the SimCorp Dimension solution, giving Merlon Capital integrated access to its investment operations team, and a real-time environment with virtually zero information latency. "SimCorp's Order Manager, with its embedded FIX connectivity allows for trades to be sent within minutes of market close, regardless of volume," said Fraser. "I can act immediately on announcements in the market, as the market data repository instantly updates our portfolio's cash and holdings with minimal latency."

Merlon Capital has been using SimCorp Dimension's investment management software since the firm was established in 2010. Fraser credits the stability of the software platform as an important foundation for the organisation's growth. "Merlon has grown funds under management from AU$660 million in May 2010 to AU$1.6 billion. There is no way we could have done that from a complete zero start or without a stable platform."

Nick Quin, Managing Director, SimCorp Asia added, "As a boutique firm, Merlon Capital has exceeded expectations and very quickly created its own space and identity as an equity income specialist. Its impressive growth is ensured thanks to foresight in management planning, training the right talent and investing in the right technologies to equip their team for optimum performance. SimCorp is happy to have helped in facilitating that growth and the success of our customers continues to be a key priority." 

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