PSP Investments selects SimCorp One 26 June 2024US Reporter: Klea Neza
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Public Sector Pension Investment Board (PSP Investments) has selected SimCorp One to support its operations, which total CA$264.9 billion (US$193.5 billion) of assets under management.
The Montreal-based pension investor’s decision to select SimCorp One is based on a comprehensive review of its technology suite, with the goal of simplifying its investment management operations and minimising manual processes, says the company.
Christian Kromann, CEO of SimCorp, states: “SimCorp One is engineered to provide real-time insights of the total portfolio, enabling investment managers to transform an abundance of data and numerous decision points into actionable insights.”
David Ouellet, senior vice president and chief technology, data and operations officer at PSP Investments, comments: “Throughout our successful collaboration, SimCorp has demonstrated a deep understanding of our operational needs, affirming our decision to choose their solution for PSP Investments strategic consolidation of public and private operations.
“Our project's goal is to create a cohesive technological platform that supports total portfolio management, enabling strategic decision-making at the highest level.”
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