Tapiola and Ethias Insurance Choose SimCorp's Asset Management Solution

Tapiola Asset Management has chosen Dimension as its future asset management platform. Recently, Tapiola increased its focus on asset management by merging Tapiola Asset Management into Tapiola Fund Management Company, which now has approximately €5.1bn assets under management. SimCorp Dimension will replace a local standard and cover front-to-back office operations including accounting and fund administration. In addition, Ethias Insurance has chosen Dimension for its front, middle and back office operations. The solution will be used to manage its €26bn assets under management. The implemented solution is intended to improve the investment management process at the company and will include (among others): cash management, performance, risk, compliance, accounting (including IFRS), legal reporting and fund administration for a broad range of financial instruments.

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