SYDNEY, May 26, 2015 (Antara/Medianet International-AsiaNet)
SimCorp (http://www.simcorp.com/ ), a leading provider of investment management solutions (http://www.simcorp.com/Solutions ) and services for the global financial services industry, today announced that LIM Advisors Limited (http://www.limadvisors.com/ ), a Hong Kong based fund manager, has signed a milestone agreement to utilise SimCorp Dimension for a full front, middle and back office platform.
The US$2 billion fund manager will leverage SimCorp Dimension to establish full operational capability across multiple asset classes, including equity, bonds, convertibles, listed futures & options and derivatives.
The agreement involves implementing SimCorp's state-of-the-art front office environment for order management, portfolio management, trading and compliance as well as performance and risk management. This win further strengthens SimCorp's market leading position in the front office and is based on the award winning integrated investment book of record platform.
"After an extensive search, we selected SimCorp from a range of competing solutions. For our firm, implementing a single front-to-back office system will simplify our architecture and allow us to make substantial improvements in operational processes and efficiencies, while providing us with clear and fast information throughout the key front, back and middle office functions," said George Long, founder and CIO of LIM Advisors.
The SimCorp team will deploy the full suite of SimCorp's services with immediate effect. "We are delighted to have an established client in Asia recognise our ongoing commitment to innovation and provision of the best investment technology solutions in the market. With SimCorp Dimension, the front-to-back office technology is designed to simplify a firm's technological landscape yet equip it to monitor all processes and manage resultant risks," said Nick Quin, Managing Director of SimCorp Asia. "With LIM Advisors joining our front office client base, it is testament that our offering is indeed market leading."
LIM Advisors Limited is a SimCorp client since 2001
Enquiries should be addressed to:
Christian Eriksen, SimCorp Asia Pty. Ltd., +61 2 9240 3524
Pamela Philip, LEWIS PR, +61 2 8599 1013
LIM Advisors
LIM Advisors was founded by George Long in 1995. The firm, managing approx. US$2bn, is based in Hong Kong and has a wide regional coverage with additional research offices in Tokyo and Beijing. LIM Advisors employs a multi-strategy investment approach across the Asian region with a focus on low equity directionality and controlled risks. Further information is available at http://www.limadvisors.com
SOURCE: SimCorp
Reporter: PR Wire
Editor: PR Wire
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