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SimCorp Signs Jyske Invest

Jyske Invest is the third Danish mutual fund company to choose SimCorp Dimension as its investment management solution for the approximately DKK 60bn that it handles on behalf of its almost 90,000 members. This new licence agreement will further demonstrate the benefits that a seamless integrated solution, enterprise-wide, brings to the management of mutual funds in Denmark.
SimCorp Dimension will be used wall-to-wall, covering front, middle and back office investment management activities. Additionally, it will support the special Danish account holding funds (kontoførende afdelinger).

Managing director, Hans Jørgen Larsen, Jyske Invest says: ”Following a thorough review of the market, we found that SimCorp Dimension was the only system that would truly meet our complex current and future needs. We are confident that this solution will give us a competitive edge. We look forward to working with SimCorp and benefiting from the many advantages provided by the SimCorp Dimension software platform.”

“As part of our Nordic strategy, we have invested in knowledge and systems development for Danish mutual funds”, says Lau Harting Jeppesen, vice president and head of Nordic sales for SimCorp. “We are very pleased to see this investment bearing fruit. Carnegie and Sydinvest are already using SimCorp Dimension and we are delighted that Jyske Invest will be added to these mutual fund customers.”