SimCorp continues to gain share in Australia’s funds management software market, after being chosen to replace a Bloomberg/Princeton frontoffice/backoffice combination at QBE Insurance group.
Over the next 18 months, Simcorp will progressively become the central system for the QBE investment division, beginning with accounting and investment operations, moving on to portfolio management and dealing, then adding performance analytics. Simcorp already has three Australian clients – Macquarie Funds Management Group, Challenger Financial Services and its assorted subsidiary boutiques, and the NSW Treasury Corporation. A contract with the Monetary Authority of Singapore was won and is serviced from Simcorp’s Sydney office.
Fiduciary Investors Symposium
Diversify to help protect portfolios from falling growth and rising inflation, says Bridgewater partner
Investment “rules of thumb” are being called into question as global markets move into a "very different environment” of high inflation and constrained central banks, Bridgewater Associates senior portfolio strategist Phil Dobrin told delegates at the Fiduciary Investors Symposium.
Meredith BoothJune 29, 2022
