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Canadian asset manager picks SimCorp
02 October 2013 Alberta
Reporter: Georgina Lavers

Image: Shutterstock
A Canadian institutional asset manager is using SimCorp Dimension as part of its integrated investment platform.

Alberta Investment Management Corporation (AIMCo), one of Canada’s largest investment management firms, has gone live with SimCorp Dimension.

AIMCo selected SimCorp Dimension, which automates daily investment workflows eliminating manual processing.

“AIMCo will use SimCorp Dimension as part of its integrated investment platform to allow for a more accurate ‘data-driven’ approach to investment decision-making,” said Leo de Bever, AIMCo’s CEO. “This allows AIMCo to further develop global investment strategies for the pensions, endowments and government funds we manage.”

“Pension and endowments today are no longer investing within the confines of the basic asset classes that so many legacy technology platforms were built to process,” said David Kubersky, managing director at SimCorp in North America.

“Additionally, increased regulatory pressure continues to make detailed reporting and validation necessary functions of an investment management solution. AIMCo understands the importance of having a solution that is scalable and automated, and also offers a consolidated view of all position data. We are thrilled to be working with AIMCo and look forward to seeing the positive impacts that state-of-the-art technology will have on the firm’s performance and operations.”
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