Sofina goes live on SimCorp Dimension
03 September 2019 Brussels
Image: Shutterstock
Sofina has replaced its legacy infrastructure with SimCorp’s integrated investment platform, across its back-office operations to manage accounting for both equity and alternative investments.
Since the implementation of SimCorp Dimension, Sofina has said it has already seen a significant decrease in the time taken to input the portfolio accounting operations.
Hans Otto Engkilde, managing director and senior vice president, Northern Europe and the Middle East at SimCorp UK, said: “By moving to SimCorp Dimension, Sofina has taken that first important step to consolidate its accounting operations, eliminating manual workarounds to focus more on its investment decisions. This automation, together with a strong, scalable solution that supports growth, provides a compelling, competitive advantage.”
Jean-François Lambert, head of operations at Sofina, commented: “SimCorp Dimension’s broad and established back-office solution will deliver us a strong foundation to achieve our future investment goals.”
He added: “With SimCorp’s advanced accounting analytics and rich functionality, we gain more-informed investment decisions as well as greater operational efficiency. The combination of SimCorp’s strategic outlook and our own long-term view makes us confident we can fulfil our ambitions for growth.”
Since the implementation of SimCorp Dimension, Sofina has said it has already seen a significant decrease in the time taken to input the portfolio accounting operations.
Hans Otto Engkilde, managing director and senior vice president, Northern Europe and the Middle East at SimCorp UK, said: “By moving to SimCorp Dimension, Sofina has taken that first important step to consolidate its accounting operations, eliminating manual workarounds to focus more on its investment decisions. This automation, together with a strong, scalable solution that supports growth, provides a compelling, competitive advantage.”
Jean-François Lambert, head of operations at Sofina, commented: “SimCorp Dimension’s broad and established back-office solution will deliver us a strong foundation to achieve our future investment goals.”
He added: “With SimCorp’s advanced accounting analytics and rich functionality, we gain more-informed investment decisions as well as greater operational efficiency. The combination of SimCorp’s strategic outlook and our own long-term view makes us confident we can fulfil our ambitions for growth.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
