Nomura, SimCorp sign licence deal

SimCorp has signed a large additional licence agreement with Nomura Bank (Luxembourg) S.A. The bank will use SimCorp Dimension (SimCorp’s investment management solution) to support its core business operations covering custody and trade processing as well as fund accounting functions.

Its chief administrative officer, Virginie Lagrange, says that the partnership will help it increase operational efficiency and expand its client footprint. “The integration of advanced fund accounting and custody solutions on a single and modern platform, SimCorp Dimension, is key to implementing our strategy,” she says.