Swisscanto, a Swiss asset manager with €40 billion AuM, has selected SimCorp Dimension for in-house fund administration.
Since 2004, Swisscanto has used SimCorp Dimension to handle the entire investment management process for a range of financial instruments, but until now, the asset manager used an external fund administrator. Swisscanto decided to bring this function in-house due to changing market trends, such as “increasingly complex products, heightened regulatory requirements, mounting demands on data management, and increasingly individualized customer needs,” Simcorp said in a statement.
“Through the use of SimCorp Dimension we recovered the necessary flexibility in the administration of our own funds as well as on client mandates,” says Hans Frey, head of Corporate Services and member of the Swisscanto Group management. “In addition, we were able to realize efficiency gains by only using a single piece of software for the entire value chain.”
Swisscanto Brings Fund Administration In-House Through SimCorp
Swisscanto, a Swiss asset manager with €40 billion AuM, has selected SimCorp Dimension for in-house fund administration.