The 3Banken-Generali Investment-Gesellschaft mbH, the common fund subsidiary of the 3Banken group and the Generali Holding Vienna, extends its current SimCorp Dimension installation to also include the three front office tools; the Asset Manager, the Order Manager and the Compliance Manager.
The 3Banken-Generali Investment together with Oberbank AG Linz, which is part of the 3Banken group, selected SimCorp Dimension in 2008. Oberbank AG is the depository bank of 3Banken-Generali Investment and uses SimCorp Dimension in the areas of fund administration, IFRS and compliance.
At 3Banken-Generali Investment, SimCorp Dimension was initially implemented to support the bank in the areas of risk management and performance attribution.
"The breadth of functionality and the high quality of SimCorp’s implementation services were the key drivers behind our decision to expand the use of SimCorp Dimension to the front office,” commented Dietmar Baumgartner, manager of the 3Banken-Generali Investment.
"We are delighted that a leading asset manager like 3Banken-Generali Investment, has decided to expand their use of SimCorp Dimension to automate front office processes," said Anton Karl Ertl, head of SimCorp’s activities in Austria. “3Banken-Generali Investment’s vote of confidence in SimCorp is a testimony to the value we offer to asset managers seeking a robust investment management platform to support their growth and value creation strategies.”
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Enquiries regarding the announcement should be addressed to:
Oliver Widmann, Marketing Manager, SimCorp GmbH, Tel.: +49 (0) 6172 9240-0 (535)
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About SimCorp
Since 1971, SimCorp has been providing investment and portfolio management software and services to the world’s leading investment managers, asset managers, fund managers, fund administrators, pension funds, insurance funds and wealth managers. SimCorp’s world-class software provides global financial organisations with the tools they need to mitigate risk through better transparency, reduce cost with operational efficiencies, and enable growth through better client service and added-value.
SimCorp is a global company regionally covering all of Europe, North America and Asia Pacific. Listed on the NASDAQ OMX, SimCorp is dedicated to supporting the global investment management industry, its clients and its investors.
For more information about SimCorp’s products, please visit www.simcorp.com/products