London-based BlueBay Asset Management (BlueBay) has successfully completed the implementation of SimCorp Dimension to support BlueBay's middle- and back-office operations across the entire investment book.
With approximately $58 billion assets under management, BlueBay required a single system that enabled a high degree of automation and scalability. Through SimCorp Dimension, BlueBay is able to handle its diverse range of asset classes, focused on fixed income and currencies.
"SimCorp Dimension gives us very strong operational functionality and scalability," says Luc Leclercq, BlueBay's chief operating officer. "It is closely integrated with our main business applications and as such provides a fully integrated solution. It also provides the simplicity and flexibility required by a dynamic business like ours and enables us to have a timely and accurate overview of our positions and exposures across our investment activities."
Peter Hill, SimCorp's managing director for United Kingdom, Ireland and the Middle East, says, "To be a progressive business like BlueBay you need to be agile, you need information at your fingertips that's accurate to the second. By implementing SimCorp Dimension and its IBOR, BlueBay has cut out technology incapable of supporting its growth plans and has simplified its investment platform to make such agility a reality."
Waters Wavelength Podcast Episode 97: C-Level Execs Talk Bitcoin, Fintechs, Cognitive Computing & Open-Source Tech
In separate interviews, executives from AQR, JPMorgan, Cboe and IBM discuss topics permeating the capital markets.Subscribe to Weekly Wrap emails
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