SimCorp Solution to Service Exeter Investment Group
The third-party administration division of Exeter Investment Group (EIG) has chosen SimCorp Dimension to service £3.5 billion of funds under administration for its 100 clients. The system will replace two existing systems at EIG and be used for fund accounting for investment trusts and open-ended funds. Other services provided by EIG include transfer agency and company secretarial functions. Implementation of SimCorp Dimension at EIG is due to be completed by the Summer 2004.