Baloise Asset Management Switzerland licenses SimCorp's Dimension
29 June 2006 | 1704 views | 0
SimCorp has announced that Baloise Asset Management Switzerland AG has licensed SimCorp Dimension.
SimCorp Dimension will be the future platform for Baloise Asset Management in Switzerland as well as for several European entities of Baloise Group. Baloise Asset Management will use SimCorp Dimension for accounting, risk management, performance measurement, legal reporting and funds administration.
Baloise Asset Management, a division of Baloise Group comprising Baloise Asset Management Switzerland AG and Baloise Asset Management International AG, provides investment advice and asset management services for institutional and private customers, primarily for Baloise Group companies. It has assets under management and advisory of over CHF 37bn.
The Baloise Group operates in continental Europe. It provides insurance and pension solutions primarily for private individuals and small and medium sized enterprises. It has assets under management of over CHF 64bn.
With this agreement SimCorp further strengthens its market position in Switzerland.