Mitsubishi Goes Live With SimCorp Dimension in Six Months
Mitsubishi UFJ Asset Management (UK) Ltd (MUAM), part of Mitsubishi UFJ Financial Group, one of the world’s largest financial institutions, has gone live with investment management platform, SimCorp Dimension, in just six months. The SimCorp Dimension system, supporting MUAM’s entire client operations, was implemented successfully on time and on budget using SimCorp’s new best practice methodology. MUAM is the first SimCorp customer to use the new approach, which is aimed at reducing the time and customer-side resources that an implementation can traditionally take, yet without compromising delivery quality. The initiative, covering all project phases from analysis to live production, has been developed by SimCorp based upon experience and documentation from over 150 SimCorp Dimension implementation projects. Live since early August and incorporating support for pre- and post-trade compliance, position keeping, valuation, income processing, corporate actions, performance measurement and attribution, client reporting, holding reconciliation and custodian and third party extracts, MUAM has already begun to see the benefits of choosing SimCorp Dimension as the operating platform across its entire investment universe.