SimCorp announces that it has signed a large additional perpetual license
agreement with a Middle East government owned investment fund.
The fund has been a SimCorp client for a number of years and will extend its
use of SimCorp Dimension across front, middle and back office, including
accounting, collateral management, risk, performance, portfolio management, and
trading.
SimCorp CEO, Klaus Holse, comments: “Most government owned investment funds
invest globally and need an IT infrastructure that enables operational
efficiency and scalability in a global environment. This deal is yet another
testament that SimCorp Dimension with its front-to-back integration is
well-positioned to serve the needs of such organizations.”
Enquiries regarding this announcement should be addressed to:
Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 6858, +45 2811
3828)
Peter R. Hill, Managing Director, SimCorp Ltd. (+44 2072 60 1901, +44 0785 099
6940)
Company Announcement no. 19/2016