Irish Life Investment Managers Chooses TMS2000
Irish Life Investment Managers (ILIM), one of Ireland’s largest investment management companies, has selected TMS2000, SimCorp’s investment management system. The system will support up to 50 users at ILIM, which is a subsidiary of Irish Life & Permanent plc with more than EUR14bn of assets under management. Replacing four core back office systems, TMS2000 will be used for ILIM’s investment accounting, straight through processing and unit pricing across its entire client portfolio as well as providing full support for its multi-tiered unit fund structures and complete back office support for its treasury operation. In 2001 ILIM conducted a very detailed review of the market. It required a system that would conform to its IT strategy, which is to have an integrated enterprise-wide architecture encompassing front and back office applications. After looking at ten systems in detail and after considering the option of enhancing its existing systems architecture, ILIM found that SimCorp’s TMS2000 was the system that best met its needs.