Eagle Asset Management Chooses SimCorp Dimension

Eagle Asset Management has announced it will use SimCorp Dimension for investment accounting, performance and client reporting.

The St. Petersburg, Florida-based firm will use the solution to replace its existing, legacy platform. The firm says that it chose Dimension because of its ability to consolidate data from disparate sources and investment workflows onto a single platform and database.

"As we undertake strategic initiatives to differentiate our products and service offerings, we depend on solid technology that can keep pace with our organizational goals and the market dynamics," says Steven Ballard, vice president of IT at Eagle. "In our evaluation, we looked for robust state-of-the-art technology designed to help us react to changes in business and product direction. SimCorp met these criteria but further differentiated itself with a platform architecture designed with a good deal of flexibility."