This, the second North American SimCorp office, located at 1801 Century Park East in Los Angeles, will provide implementation and support services, and will allow SimCorp consultants to be closer to valued clients in the region.

"SimCorp is extremely dedicated to its clients and to being able to provide exceptional customer support and service which clients have come to expect and rely on," says David Kubersky, president SimCorp USA. "Part of that dedication, and one of our value added propositions, is to provide local support from a team of experts. That proximity allows us to get a better feel for the clients' needs, helps us serve them better, and really sets SimCorp apart."

SimCorp develops and implements one product - SimCorp Dimension - an integrated, enterprise-level platform that provides front, middle, and back office solutions for the investment management industry. Headquartered in Denmark, and listed on the Copenhagen Stock Exchange, the company has a worldwide client base of over 160 financial institutions, and has established subsidiaries and offices throughout the world to support them.

In addition to providing implementation and support services to the local market, SimCorp's new offices play a key role in allowing the company to provide around-the-clock support to clients globally. Having local offices also means the company is exposed to previously untapped talent pools, crucial as demand for SimCorp's solutions increase, and as the company seeks the best and brightest to continue propelling the company's growth.

SimCorp USA Inc., counts leading mutual funds, pension funds, and asset managers amongst its local clientele. The company has continued to see worldwide growth, recently announcing a 14% year-over-year revenue increase for Q1 2008, in addition to the record revenues and net profits it reported in its 2007 annual results filing.