SimCorp Dimension Selected by Exane

SimCorp Dimension Selected by Exane
22.06.2016 09:45 am

SimCorp Dimension Selected by Exane

Derivatives and OTC Derivatives

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, announced that Exane has selected SimCorp Dimension to support its middle and back-office operations for listed and OTC derivatives. Based in Paris, Exane is an independent investment firm with three main lines of business (Brokerage in Cash Equities, Derivatives, and Asset Management), which services a diversified European and global client base. 

In an increasingly competitive environment, Exane decided to replace its technology platform, at the time consisting of a number of disparate systems, with one single integrated solution. After a rigorous selection process including a thorough Proof of Concept, SimCorp Dimension stood out as the solution best suited to support Exane’s current and future business needs and strategy.

Benoît Catherine, Deputy CEO, commented: “We have selected SimCorp Dimension for its extensive functional scope, especially in the derivatives area, as well as its proven ability to automate middle and back-office processes. The implementation of SimCorp Dimension will enable us to scale for growth and to serve our clients even better. The first phase of the project will start in June 2016 and is expected to be extended to other business lines in the future.

”Emmanuel Colson, Managing Director at SimCorp France, commented: “We are very pleased to welcome Exane in our growing community of French and international clients. Exane is a key player in the European derivatives space and their choice of SimCorp Dimension is a tribute to the system’s ability to support and ease investment manager’s growth by removing operational complexity and the associated risk.”

Related News

Cassini Systems Partners with AcadiaSoft to Help Clients Manage Initial Margin Requirements

Cassini Systems, the leading provider of pre- and post-trade margin analytics for derivatives market participants,... Read more »

Neptune and CME Group provide high-quality composite for the Global Bond Market

Neptune Networks Ltd. (Neptune), today announced the release of their composite product, working in collaboration with CME Group, to provide clients access to a higher quality... Read more »

TriOptima Announces Completion of First Cleared Inflation Swap Compression Run in LCH SwapClear

TriOptima, a leading infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, today announced that it has completed the first cleared inflation... Read more »

TriOptima Record Compression Shrinks Notional in Eurex Clearing

TriOptima, a leading infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, ... Read more »

NRI and Mizuho Bank Complete Research Addressing Applications of AI in Eliminating Tedious Derivative Contract Procedures

Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, in collaboration with Mizuho Bank, Ltd., today announced the completion... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel