Swiss and Singaporean Orders for SimCorp
SimCorp has announced two orders for its flagship investment management system, SimCorp Dimension. One order has come from the Monetary Authority of Singapore (MAS), which administers various Singaporean statutes relating to money, banking, insurance, securities and the financial sector in general. MAS, SimCorp’s first client in Singapore, has selected SimCorp Dimension as the platform for front-to-back operations for its funds under management. The second order has come from Bank Julius Baer, a private bank in Switzerland with some 1800 employees and more than CHF130bn in assets under management. Its SimCorp Dimension system will provide a platform for front to back operations within its asset management business line.