SimCorp announces that is has signed a license agreement with Lord Abbett, a
privately held firm which has been managing equity and fixed-income products
for over 80 years.
Lord Abbett has selected SimCorp’s investment management solution, to support
the firm’s value creation strategy, that is focussed on offering clients a
diversified range of products and superior service.
With assets under management in excess of USD 130 billion, Lord Abbett will use
SimCorp Dimension for centralized position-keeping, investment accounting,
performance measurement, corporate actions and reconciliation.
Enquiries regarding this announcement should be addressed to:
David Kubersky, Managing Director, SimCorp North America: +1 212 994 9401
Klaus Holse, Chief Executive Officer, SimCorp A/S: +45 35 44 88 02
Company Announcement no. 38/2013