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Middle East Government Owned Investment Fund Extends Use of SimCorp Dimension

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.”