NEW YORK, May 26, 2015 /PRNewswire/ -- SimCorp, a
leading provider of investment management solutions and services
for the global financial services industry, today announced that
LIM Advisors Limited, a Hong Kong
based fund manager, has signed a milestone agreement to utilize
SimCorp Dimension for a full front, middle and back office
platform.
The US$2 billion fund manager will
leverage SimCorp Dimension to establish full operational capability
across multiple asset classes, including equity, bonds,
convertibles, listed futures & options and derivatives.
The agreement involves implementing SimCorp's state-of-the-art
front office environment for order management, portfolio
management, trading and compliance as well as performance and risk
management. This win further strengthens SimCorp's market leading
position in the front office and is based on the award winning
integrated investment book of record platform.
"After an extensive search, we selected SimCorp from a range of
competing solutions. For our firm, implementing a single
front-to-back office system will simplify our architecture and
allow us to make substantial improvements in operational processes
and efficiencies, while providing us with clear and fast
information throughout the key front, back and middle office
functions," said George Long,
founder and CIO of LIM Advisors.
The SimCorp team will deploy the full suite of SimCorp's
services with immediate effect. "We are delighted to have an
established client in Asia
recognize our ongoing commitment to innovation and provision of the
best investment technology solutions in the market. With SimCorp
Dimension, the front-to-back office technology is designed to
simplify a firm's technological landscape yet equip it to monitor
all processes and manage resultant risks," said Nick Quin, Managing Director of SimCorp Asia.
"With LIM Advisors joining our front office client base, it is
testament that our offering is indeed market leading."
LIM Advisors Limited is a SimCorp client since 2001
Enquiries regarding this announcement should be addressed
to:
Christian Eriksen,
SimCorp Asia Pty. Ltd., +61 2 9240 3524
Pamela Philip, Lewis Public
Relations, +61 2 8599 1013
Lim Advisors
LIM Advisors was founded by George
Long in 1995. The firm, managing approx. US$2bn, is based in Hong Kong and has a wide regional coverage
with additional research offices in Tokyo and Beijing. LIM Advisors employs a multi-strategy
investment approach across the Asian region with a focus on low
equity directionality and controlled risks. Further information is
available at http://www.limadvisors.com
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. Based on its
world-class software platforms, SimCorp Dimension and SimCorp
Coric, SimCorp provides global financial organizations with the
tools they need to mitigate risk, reduce cost, and enable growth.
Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company,
regionally covering all of Europe,
North America, and Asia Pacific. For more information, please
visit www.simcorp.com.
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SOURCE SimCorp