Delta Lloyd's investment operations include the management of six listed mutual funds and a number of funds for institutional investors. With its ability to handle a wide range of financial instruments, TMS2000 will support this operation and replace Delta Lloyd's existing systems structure, which includes a number of legacy systems. One of these, an older German fund accounting system, will be substituted by TMS2000's comprehensive fund accounting module, a recent extension to SimCorp's offering to the German mutual fund (KAG) market.
Delta Lloyd's TMS2000 installation will integrate the company's asset and fund management operations in a unified straight through processing environment for the front, middle and back offices. This will substantially enhance efficiency throughout the organisation and establish a scalable system's platform for Delta Lloyd's future growth.
Implementation will start immediately and extend into 2003.