20 February 2018
Visit www.avoka.com

ASB Group Investments deploys SimCorp Dimension

01 July 2003  |  2511 views  |  0 ASB Group Investments deploys SimCorp Dimension

New Zealand-based ASB Group Investments is deploying SimCorp's flagship investment management platform, SimCorp Dimension, for its funds management business.

ASB Group Investments was formed by the merger of ASB Bank's investment operations and life insurance business Sovereign. The SimCorp platform will replace a number of inhouse investment management and pricing systems previously used across the two organisations.

Ross McEwan, head of ASB Group Investments, says the firm chose Dimension because it is a flexible modular solution: "As an integrated system it would accommodate our business growth and we felt confident that its reporting and performance management tools would allow us to manage and minimise risk most effectively."

The company is the first in New Zealand to implement the SimCorp platform.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

ASB Bank authenticates Internet users via SMS

ASB Bank authenticates Internet users via SMS

18 June 2003  |  7587 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.nextgenbanking.co.ukVisit www.vasco.comvisit www.ebaday.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11764 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9387 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9199 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
7958 views comments | 13 tweets | 12 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7284 views comments | 19 tweets | 18 linkedin

Featured job

Find your next job