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Industry news

Sunny Asset Management selects SGSS’ front-to-back outsourcing solution


03 September 2020 London
Reporter: Maddie Saghir

Generic business image for news article
Image: juan rodriguez/EyeEm/ Adobe Stock
Societe Generale Securities Services (SGSS) has been chosen by Sunny Asset Management for its front-to-back outsourcing solution CrossWise.

CrossWise is an integrated and modular offer of outsourcing solutions for traditional front office, trading desk, middle- and back-office functions.

The French asset management firm picked SGSS’ solution for the outsourcing of its middle office and for the provision of the front-office portfolio management system SimCorp Dimension because of the partnership between SGSS and SimCorp.

Jacques Cadenat, CEO of Sunny Asset Management, said: “We are delighted to enrich our partnership with SGSS through its CrossWise solution which will allow us to focus on our core activities: the performance and marketing of our investment strategies.”

SGSS is the custodian, trustee and fund administrator of all Sunny Asset Management funds.

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