Vanguard Oz signs with SimCorp

SimCorp's Dimension platform has been chosen by Vanguard Investments Australia to support its middle- and back-office investment operations services across a range of asset classes. SimCorp Dimension will replace a legacy system at the investment manager. It will provide trade capture, matching (Omgeo CTM) and settlement; pricing and valuations; cash management; corporate actions management; investment accounting; Australian tax calculations and tax optimisation; unit pricing; Swift connecti