SimCorp signs up ex-Bravura exec

SimCorp Asia has hired a senior business consultant from Bravura Solutions to its professional services team.

Nicole Schubert recently joined SimCorp after working with Garradin and then Bravura Solutions following the latter’s acquisition of the investment administration software provider last year. At Garradin, Schubert was responsible for implementing and testing systems for clients, in addition to providing systems support and consultant services. Prior to this, she held administration software implementation positions with Mercantile Mutual Investment Management and a consulting role with DST International. The appointment brings SimCorp’s domestic professional services team to 16 members. Schubert will report to William Fraser, the systems provider’s professional services manager. Peter Hill, SimCorp Asia managing director, said Schubert’s experience with users and vendors of investment administration software and knowledge of front, middle and backoffice systems would prove valuable in major implementations of Dimension, SimCorp’s backoffice offering.

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Suspensions and redemption queues ‘speed bumps’ on private credit road: Blue Owl

Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.

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