Initiative aims to provide mutual clients with seamless front-to-back experience as Citi joins growing list of custodians to partner with SimCorp.
Christian Kromann will become CEO at SimCorp from September after two years leading operations for the firm.
JP Morgan and SimCorp set up front-to-back-office integration to streamline investment operations data
The integration aims to tackle costly fragmented investment and post-trade processes that contribute to operational risks such as high settlement trade fails.
The mandate will also enable Lifetri to continuously monitor its investments with an integrated view on all internally and externally managed portfolios.
ATP joins Dutch pension fund PGGM and German asset manager Ampega which have gone live on SimCorp’s securities finance reporting solution.
The partnership rounds off State Street's front-to-back offering to buy-side clients and marks its first for the EMEA region.
In the first month of using SimCorp’s SFTR cloud solution, PGGM has processed over 320 trades and over 590 valuations.
A trend that defined global custody in 2019 and continues to spark debate, Global Custodian investigates the front-to-back data models of the market’s two largest providers.
Partnership will see GAM use SimCorp Dimension as its core front-office platform, with the transition due to begin this month.