Hong Kong Hedge Fund Invests in SimCorp’s Front Office

LIM Advisors, a Hong Kong-based fund manager, has signed a milestone agreement to use SimCorp as a full front, middle and back office platform.

The USD$2 million fund manager will use SimCorp Dimension to obtain full operational capability across multiple class assets, including equity, bonds, listed futures, and options and derivatives.

The agreement will include adopting SimCorp’s front office environment for performance, risk, portfolio and order management, in addition to trading and compliance. The SimCorp team will deploy the full suite of SimCorp’s services with immediate effect.

“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,” says George Long, founder and CIO of LIM Advisors.