Victorian Funds Management Corporation Chooses SimCorp
Victorian Funds Management Corporation (VFMC) has licensed SimCorp Dimension. Located in Melbourne, Australia, VFMC is responsible for managing investments of AU$39.7bn on behalf of 14 clients, all of whom are Victorian Government entities. VFMC will use the solution to manage front- and middle-office investment management functions, including order management, portfolio management, performance and attribution, compliance, and cash and holdings reconciliation. VFMC wants the solution to aid the centralization of some of its investment management functions and support its take over of the investment strategy role in addition to its current portfolio construction and manager selection responsibilities.