SimCorp reports that Swiss asset manager Unigestion has completed the implementation of SimCorp Dimension and now uses the solution to support its front and middle office activities worldwide.
The Unigestion and SimCorp teams managed to replace the former’s equity legacy systems on schedule, in a year, says SimCorp. 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 said this ambitious project is vital to support his company’s growth. “The implementation of a fully integrated solution is aligned with our strategy, which aims at focusing our resources on core business,” he said. “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: “Unigestion is now actively leveraging our combined front office and IBOR solution to maximise its operational efficiency and capture global growth opportunities. SimCorp invests more than 20 percent 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 maximise revenue.”