A renowned German occupational pension fund with more than EUR 6bn under management has selected SimCorp Dimension as its future investment management system.
SimCorp Dimension will be used as a seamlessly integrated solution, from portfolio management to accounting, for the firm's entire range of investments.
Critical to the pension fund's choice of SimCorp Dimension was the system's comprehensive range of functionality as well as its ability to provide a transparent view of externally managed funds.
As it enables seamless processing across the entire investment management process in a single system, SimCorp Dimension will give the flexibility to support the firm's current and future needs. It will also provide an optimal basis for the control and reporting of all managed funds.
"Increasing demands and more regulatory change are facing the pension industry," said Dr. Ralf Schmücker, managing director of SimCorp Central Europe and responsible for sales and product management. "A flexible and future-proof solution is thus an important driver for success. In Europe, several of the largest pension funds already rely on SimCorp Dimension as their investment management platform and we are pleased to welcome this new pension firm to our list of esteemed clients."