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.
Confused concepts and political ideology risk tainting Liberal MP Tim Wilson's parliamentary inquiry into stock market ownership concentration by superannuation funds, industry figures suggest.
Ben HurleySeptember 22, 2021
Investments
Balance of investments to tilt overseas as super funds grow
Ben HurleySeptember 10, 2021
