SimCorp Dimension will be used to support a wide range of financial instruments. It will replace ADAM Deutschlandâs existing back office system structure and include SimCorp Dimensionâs recently enhanced fund accounting module. The firmâs asset and fund management operations will be integrated by the new system in a unified back office environment.
Additionally, SimCorp has offered ADAM Deutschland the option to extend its installation with additional workstations and SimCorp Dimension front and middle office functionality.
The contract has been signed with Deutscher Investment-Trust Gesellschaft fÃ¼r Wertpapieranlagen GmbH, Frankfurt, a company in the Allianz Dresdner Asset Management Group. ADAM Deutschlandâs investment operations include the management of almost 200 mutual funds and more than 600 funds for institutional investors (known as "Spezialfonds").