COPENHAGEN, Denmark, Nov. 23, 2016 /PRNewswire/ -- SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has won three industry awards within the last month. Following the honors of being named 'Best Buy-Side IBOR (Investment Book of Record) Platform' at the Buy-Side Technology Awards 2016 and 'European Front to Back Office Provider of the Year' by Funds Europe, SimCorp has now won 'Best Fund Accounting, Portfolio Management & Data Platform' at Data Management Review Awards 2016.
SimCorp's integrated investment management platform, SimCorp Dimension, is used by more than 170 of the world's leading investment firms – seven have opted for the solution this year alone. Of the world's 200 largest firms in terms of assets under management, more than 30% operate on SimCorp Dimension. Many firms select the solution due to its integrated IBOR, which provides a holistic and complete real-time overview of portfolios and exposures, enabling portfolio managers to properly assess risk and make more informed investment decisions.
Klaus Holse, CEO, SimCorp, said: "We are honored to have our solution recognized for its front to back, IBOR and data management capabilities. Our more than 300 developers work hard to make sure we continuously provide an up-to-date and highly integrated solution, capable of handling the increasing levels of market complexity in an effective manner. I see the awards as a testament to the fact that SimCorp Dimension provides our clients with a competitive advantage."
In addition to the three recent awards, SimCorp Dimension earlier this year won FTF News 2016 Technology Innovation Awards for 'Best IBOR Solution' and 'Best Buy-Side Operations Solution'. Further, SimCorp's dedicated client communications and reporting solution, SimCorp Coric, was named 'Best Client Reporting Solution' at Systems in the City Awards for the second consecutive year.
Enquiries regarding this announcement should be addressed to:
Anders Crillesen, SimCorp Corporate Communications, +45 3544 6474
SimCorp provides integrated, best-in-class investment management solutions to the world's leading asset managers, fund managers, asset servicers, pension and insurance funds, wealth managers and sovereign wealth funds. Whether deployed on premise or as an ASP solution, its core system, SimCorp Dimension, supports the entire investment value chain and range of instruments, all based on a market-leading IBOR. SimCorp invests more than 20% of its annual revenue in R&D, helping clients develop their business and stay ahead of ever-changing industry demands. Listed on NASDAQ Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.
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