London-based DLIBJ Asset Management International Ltd (DIAM International) has chosen the SimCorp Dimension system to support its investment management operations.
The SimCorp software, incorporating core front and back office processing, will be fully implemented in mid 2007.
Commenting on this decision Jan Weber, DIAM International finance director, said: "As a further commitment to our globalisation strategy, DIAM International has selected SimCorp Dimension to enhance our operating procedures. As part of a rigorous due diligence process, DIAM was specifically searching for forward-looking software with embedded flexibility to service future clients' requirements. After selection, comprehensive training and a fully assisted implementation phase will be our immediate focus to ensure a smooth transition from our current systems."
Ian Crompton, managing director of SimCorp Ltd: "We are delighted to welcome DIAM International to our rapidly increasing client base in the UK. The selection of SimCorp Dimension further confirms the outstanding quality of our system and gives again a clear indication that SimCorp Dimension is setting the standard for asset management companies in the UK."