Aegon chooses SimCorp for Netherlands operation 28 October 2014Amsterdam Reporter: Stephanie Palmer
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Aegon Asset Management has selected SimCorp Dimension as the back-office platform for its Netherlands operations.
The SimCorp tool will support all back office activity, with a focus on automating the transaction and accounting processes to increase efficiency.
Hans-Otto Engkilde, managing director of SimCorp Netherlands, said: “For global investment managers like Aegon to realize an ambitious strategy while also coping effectively and efficiently with regulatory and market demands, a modern investment management system is a must.”
“We look forward to working with Aegon and to seeing the positive impact state-of-the-art technology will have on the firm’s operations and performance.”
SimCorp was reportedly chosen for its ability to meet Aegon’s complex requirements and for its support of future growth.
Wouter Peters, COO of Aegon Asset Management, said: “We have chosen SimCorp Dimension as we are fully convinced about its capacity to address our current and future challenges in terms of automation, flexibility and functional coverage.”
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