18 August 2017
visit www.avoka.com

SimCorp moves London office

02 July 2007  |  1418 views  |  0 Source: SimCorp

As a result of continuous growth of its business, SimCorp has moved to new premises in Wood Street in the City of London.

This is the third new and expanded office that the company has moved into since it first launched its investment management system, SimCorp Dimension, in the UK in 1999. The company moved into Walbrook in 2001 and then took additional space in Cannon Street four years later.

"SimCorp Dimension has been growing market share steadily and effectively," says Lee Wright, managing director of SimCorp in the UK. "That is only happening because our product proposition is gaining traction in the market and it demonstrates that SimCorp Dimension is an increasingly attractive solution."

Introduction of SimCorp Dimension provided investment management institutions with a new form of straight through processing: enterprise-wide seamless processing based on a core database. It is a comprehensive system supporting the requirements of front, middle and back-office business functions, which combines broad instrument coverage with consistency of design and operation. As data need be captured only once into the system, many time consuming tasks such as internal data reconciliation and correction may be simply eliminated.

"It has proved to be a concept that works and our success in the market confirms that," comments Wright.

The new office will accommodate up to 90 staff. It is in the sophisticated, modern building, designed by Sir Norman Foster, which overlooks the garden of St Mary Staining. It is almost twice the size of SimCorp's previous total London accommodation and includes five meeting rooms, one of which is a dedicated training room.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.dorsum.eudownload the paper nowvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8647 views comments | 1 tweets | 3 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7033 views comments | 18 tweets | 22 linkedin
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
6588 views comments | 20 tweets | 22 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
5826 views 1 | 5 tweets | 3 linkedin

Featured job

Find your next job