ASB Group Investments Selects SimCorp Dimension
New Zealand-based fund manager, ASB Group Investments, has chosen the SimCorp Dimension investment management system for its NZ$4.5 billion funds management business. ASB Group Investments was formed recently to manage the investment operations for ASB Bank and its life insurance financial services business, Sovereign. As part of this strategy, ASB Group Investments decided to replace a number of in-house investment management and pricing systems that were in use across the two organisations.
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