Schrodersâ decision to consider SimCorp Dimension for its Asia Pacific operation was prompted by Schroders UK recently choosing it to act as its portfolio book of record. Schroders chose SimCorp Dimension after a comprehensive review of the system to determine if it could support its broader Asia Pacific business requirements.
In addition to being deployed as Schrodersâ Asia Pacific portfolio book of record, SimCorp Dimension will also be used to manage its back office activities including accounting, settlement and performance reporting across a broad range of asset classes that include equities, fixed income, money market and derivative instruments.
âWe chose SimCorp Dimension because it will enable us to extend our regional Investment Operations platform in Singapore and because of its strong support for derivatives,â says Lilian Tham, Chief Operating Officer, Schroders Singapore. âThese are essential in a business that is experiencing the strong growth that typifies this region.â
âWe are delighted to develop a global relationship with a company of Schrodersâ standing,â says SimCorp Asia Managing Director, Peter Hill. âSchroders will be our tenth customer in Asia Pacific region, marking an exciting milestone for SimCorp Asia.â