St. Gallen-based asset manager Vescore has completed its implementation of SimCorp’s front-to-back Dimension platform.
Vescore was formed in September 2015 as a result of a merger between predecessors the institutional client business of Notenstein Private Bank, 1741, and Vescore Solutions, and is part of the Raiffeisen Switzerland group.
The predecessor company of Vescore made the decision to enhance its institutional client business through the implementation of the SimCorp Dimension platform to support its front-, middle- and back-office operations. Further divisions of the firm will migrate to the Dimension platform in the second phase of the implementation project.
"We are very pleased that we were able to complete the first phase of our ambitious implementation project successfully and on time," says Alexander Lanz, COO of Vescore. "Our sustainable investments department has been operating on SimCorp Dimension since January 1, 2016, and we are now optimally positioned for the growing number of institutional mandates awarded to us."
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails