German Sparkassen Informatik extends contract with SimCorp

Sparkassen Informatik, IT provider of the German Savings Banks’ finance group has exercised an option to extend its SimCorp Dimension licence agreement. The extended rights of use now include more functionality as well as additional users. As announced on 16 December 2004 the agreement with SimCorp allows Sparkassen Infor-matik to use SimCorp Dimension within an ASP solution for 235 affiliated savings banks, for market risk management within portfolio management.

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