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.
20 February 2007 00:00
challenger, singapore, subsidiary, simcorp, monetary, simcorp’s, assorted, macquarie, serviced, office, boutiques, corporation
Investments
Rest Super has built its private equity program around a deliberately selective approach to manager and deal selection, favouring a concentrated roster of external partners and proactively seeking out top PE firms rather than waiting for them to come knocking. Head of private markets Marina Pasika unpacks the program’s coming of age and what powered an asset class return more than double the peer average in the last financial year.
Leave a Comment
You must be logged in to post a comment.