Challenger Licenses Simcorp Solution for Trade Execution
Following an evaluation of systems, Australia’s Challenger Financial Services Group is to upgrade its use of SimCorp Dimension by licensing Order Management3 to manage its front-office operations. The recently released software replaces the existing Dimension order management system. SimCorp say that it supports the full trading lifecycle and is designed to support a flexible and fast-moving trading room environment. With this implementation, Challenger is continuing to use SimCorp Dimension across its investment management operation, from front to back.