Cordares Asset Management Chooses SimCorp Dimension

SimCorp, the leading software supplier for the financial sector, announces that Cordares Asset Management has chosen SimCorp Dimension for its investment management operations. Based in Amsterdam, Cordares will use SimCorp Dimension to manage its entire investment management process (front to

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SimCorp, the leading software supplier for the financial sector, announces that Cordares Asset Management has chosen SimCorp Dimension for its investment management operations. Based in Amsterdam, Cordares will use SimCorp Dimension to manage its entire investment management process (front-to-back) and will be fully implemented by the end of 2006.

“SimCorp Dimension is a system that in an optimal way provides Cordares Asset Management with a fully integrated solution that supports all of our requirements without any modifications,” explains Fredrik Vergunst, deputy director of Cordares Asset Management.

The SimCorp Dimension investment management software will replace the current Cordares’ systems. “We expect SimCorp Dimension to significantly improve our investment processes,” continues Fredrik Vergunst, “particularly in terms of efficiency and quality of the management information.”

Troels P. Jensen, Managing Director of SimCorp Benelux: “We are delighted to welcome Cordares as a new Dutch client. Because Cordares is a prestigious Dutch financial institution, choosing SimCorp Dimension further confirms the outstanding quality of our sytem and gives again a clear indication that SimCorp Dimension is setting the standard for asset management in the Netherlands.”

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