SimCorp, a leading provider of investment management solutions and services for the global financial services industry, announces that Unigestion, a Swiss asset manager with EUR 15.3bn in assets under management, has successfully completed the implementation of SimCorp Dimension. Unigestion now uses SimCorp Dimension to support its front and middle office activities worldwide.
Working together, the Unigestion and SimCorp teams managed to replace Unigestion’s equity legacy systems on schedule, in one year. The project covered a number of important strategic functions, including portfolio management features, order and execution management, pre- and post-trade compliance, middle office and investment book of record (IBOR).
Alanh Husson, Chief Project Officer at Unigestion, commented: “This ambitious project is vital to support our company’s growth. The implementation of a fully integrated solution is aligned with our strategy, which aims at focusing our resources on core business. The project’s sponsorship, end-user involvement and strong commitment to deliver were key factors in its successful delivery. This is the first phase of a wider adoption of SimCorp Dimension within Unigestion, and the project team is now working on phase two of its roll-out.”
Emmanuel Colson, Managing Director at SimCorp France and Western Europe, added: “It is a pleasure to welcome Unigestion to our global community of investment managers. Unigestion is now actively leveraging our combined front office and IBOR solution to maximize its operational efficiency and capture global growth opportunities. SimCorp invests more than 20% of its annual revenue into research and development. This investment caters for the ever-changing business requirements of leading asset managers like Unigestion, helping them to streamline business processes, improve efficiency, and maximize revenue."