SS&C Technologies, a provider of financial services software, has named the leadership team for its recently acquired Advent Software business unit. At the same time, investment management systems and services vendor SimCorp has hired Martin Engdal, a former market strategist and senior director of business development, EMEA, for Advent. The new management structure for Advent… Read More >>
Survey: Many Firms Still Use Manual Systems for Swaps Ops
Despite multiple efforts to automate the processing of complex swaps, nearly half — 44 percent — of asset managers recently surveyed by FinTech vendor SimCorp say that they rely “mostly or completely” on manual processes for the investment lifecycle. In addition, the survey find that more than 50 percent say that they still need manual… Read More >>
SimCorp Dimension Upgrade Widens Views Across Ops
Investment management systems and services vendor SimCorp has updated its enterprise solution SimCorp Dimension, release 5.8, and is including new support for the back office, a performance analysis manager, tighter integration with MSCI’s RiskMetrics and the introduction of a manager for investment book of record (IBOR) models, officials say. The back office module will allow… Read More >>
SimCorp Opens a Portal on Everything IBOR
Investment management systems vendor SimCorp has launched an Investment Book of Record (IBOR) portal on its webpage, a move aimed at raising awareness and providing context in response to what SimCorp says is a recent heightened demand for IBOR solutions. An IBOR centralizes positions information across all asset classes on an intraday basis, providing a… Read More >>
SimCorp Hires from Bloomberg for HR Head
FinTech vendor SimCorp has appointed Victoria Turk as head of human resources for SimCorp North America, officials say. In her new role, Turk will spearhead “all aspects of HR processes for SimCorp,” according to a company statement, including partnering with the business, mobility, organizational design, sourcing, recruitment, performance management, compensation and benefits. “Victoria brings a… Read More >>
SimCorp Targets North America with New Hire
Software and systems vendor SimCorp has hired Marc Mallet to be its vice president of product and managed services for North America, tasked with the expansion of these offerings in the region, officials say. Based in Chicago, Mallett will “lead an expanded North American team to ensure SimCorp continues to provide innovative solutions to the… Read More >>
SimCorp Hires from SunGard for North American MD
SimCorp, a provider of investment management solutions and services, has named James Corrigan managing director of SimCorp’s North American operations. Corrigan joins the company after seven years at SunGard Financial Systems, where he was most recently executive vice president of capital markets and global trading. As SimCorp N.A. MD, Corrigan will “focus his efforts on… Read More >>
SimCorp Unveils Dimension, Version 5.6
SimCorp, a provider of investment management software and services, has enhanced the Data Warehouse Manager (DWM) and introduced other changes in the latest release of the SimCorp Dimension platform, version 5.6, according to a company statement. The new version of SimCorp Dimension augments the DWM by introducing an Investment Management Warehouse, a comprehensive investment management… Read More >>
SimCorp’s New MarCom Head from SAS
SimCorp, a provider of investment management solutions and services for the financial services industry, has appointed Jens Olivarius to be its new head of group marketing and communications, officials say. Olivarius joins SimCorp after a career at SAS Institute, where he held positions both in Denmark and internationally. Most recently, Olivarius was senior director of… Read More >>
Poll: Workarounds Haunt Derivatives Ops
While the buy side acknowledges that straight through processing (STP) of derivatives is more important than ever in today’s shifting regulatory landscape, many firms still grapple with workaround and manual processes, according to a survey by investment management software provider SimCorp. For the survey, “Optimizing Derivatives Processing: ‘Alpha-tize’ your Infrastructure and Take Control of Capital,”… Read More >>
