Technology

Nordic Asset Manager Selects SimCorp For Front Office

Devina Shah London 20 April 2011

Nordic Asset Manager Selects SimCorp For Front Office

Nordic-based asset manager, Danske Capital, has chosen to deploy the investment management platform of SimCorp, SimCorp Dimension, for its front office operations.

“In the front office it has been important for us to get a multi-asset trading platform including electronic trading and with fast system response, even when processing large client/transaction volumes. Equally important has been to get a system that will help us standardise and streamline workflows across the countries we operate in,” said Kurt Hangaard, chief operating officer at Danske Capital.

The firm said the implementation of SimCorp’s investment management platform would enable it to constantly monitor and tune workflows according to key performance indicators, across both front and middle office.

Danske Capital has been a SimCorp client since 1998, but primarily used the firm for back and middle office functionality. Danske Capital has €79 billion (around $114 billion) under administration.

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