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SimCorp Restructures in UK To Support Increased Demand

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SimCorp Restructures in UK To Support Increased Demand
http://www.bobsguide.com/guide/news/2009/Jul/9/Market_Study_Shows_Asset_Managers_Fail_To_Adapt_To_Business_Change_Due_To_Data_Straightjacket.html
Leading financial software company, SimCorp has restructured its sales and marketing functions in the UK to handle the high level of demand and expansion plans for its SimCorp Dimension investment management system. To support this, Cath Rawcliffe has joined the company as VP of sales and marketing covering UK, Irish and Middle Eastern markets.

Rawcliffe has worked within the retail and wholesale banking business at ACI Worldwide for the past ten years and brings to the SimCorp team her experience in working with enterprise-wide solutions. Further sales management appointments will be made imminently.

Commenting on Cath Rawcliffe's appointment, SimCorp Limited’s managing director, Klaus Andersen said, “We have been steadily growing our business as well as the value that we deliver to our clients. Restructuring our UK operation supports these developments. The demand for enterprise solutions in investment management is growing and we are responding to this client demand. Cath will work with the highly regarded existing team to develop the spread of SimCorp Dimension solutions.”

Rawcliffe added, “The market is facing an interesting time. The pressures for new investment products and the ‘safe’ management of these continues to grow rapidly. The challenge to deliver flexibility while maintaining compliance is fundamental to all investment managers and the spread of solutions provided by SimCorp Dimension addresses these diverse needs. I am delighted to join such a reliable organisation at a stage of considerable development."

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