Metropole Gestion overhauls front and middle office with SimCorp

Source: SimCorp

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announced that METROPOLE Gestion has selected SimCorp Dimension to streamline its front and middle office operations.

METROPOLE Gestion has EUR 6bn in assets under management and is one of the leading independent French asset management boutiques as well as a pioneer of Value Investing. The firm will integrate SimCorp’s multi-asset class solution across its range of equity, fixed income and diversified funds. SimCorp Dimension will support METROPOLE Gestion’s strategy execution by enabling the business to scale and grow, while reducing operational risks and costs.

Facing an increasingly complex and competitive investment environment, METROPOLE Gestion was looking for a solution to increase efficiency by automating its business processes and workflows. After a rigorous evaluation process, SimCorp Dimension, together with SimCorp’s ‘out of the box’ delivery approach, was selected as the best solution to support METROPOLE Gestion’s current and future business strategy and requirements.

SimCorp’s front office suite will provide METROPOLE Gestion with the advanced functionality it requires to support effective investment decision making, including trade and strategy simulations, and impact assessment. METROPOLE Gestion will also be supported by SimCorp Dimension’s IBOR (Investment Book of Record), which will seamlessly integrate across front and middle office, covering portfolio and order management, pre- and post-trade compliance, performance measurement, NAV control, and risk management.

Key to the firm’s selection was the ability to leverage SimCorp’s Standard Platforms™ offering, which simplifies the implementation process with ‘off the shelf’ components and predefined business processes, while presenting clients with the option for customization where needed. With SimCorp’s Standard Platforms™, METROPOLE Gestion will be able to accelerate time to value for their investment in SimCorp Dimension while lowering both cost and risk involved in this initiative.

Isabel Levy, Managing Director, Chief Investment Officer, and Founder of METROPOLE Gestion, commented: “We have selected SimCorp Dimension for its extensive front office functionality, its proven track record in automating asset managers’ operations, and its ability to deliver a faster-to-market standard platform. The implementation of SimCorp Dimension will enable us to support our growth strategy, by enabling us to scale to increasing volumes and assets under management, while significantly reducing operational risk and maintaining a low cost base.”

Emmanuel Colson, Managing Director at SimCorp Southern Europe, commented: “We are very pleased to welcome METROPOLE Gestion to our fast-growing investment management client community. METROPOLE Gestion will benefit from our Standard Platform delivery model, which enables our clients to leverage our experience in streamlining asset management operations and benefit from industry best practices. We are delighted to collaborate with METROPOLE Gestion’s team on this project.”

Comments: (0)