Schroders Extends Use of SimCorp Solution to Asia Pacific
Asset management company, Schroders, has extended the use of SimCorp Dimension to include its Asia Pacific operation. SimCorp Dimension will be installed as a regional system in Singapore and will support operations in Singapore, Hong Kong, Japan, Indonesia and Australia. Schroders’ decision to consider SimCorp Dimension for its Asia Pacific operation was prompted by Schroders UK recently choosing it to act as its portfolio book of record. In addition to being deployed as Schroders’ Asia Pacific portfolio book of record, SimCorp Dimension will also be used to manage its back office activities including accounting, settlement and performance reporting across a broad range of asset classes that include equities, fixed income, money market and derivative instruments.