14 aug: Halvårsrapport 2019
14 aug: Salg af 75 % af Vestjysk Banks aktier i Sparinvest Holdings SE go..
14-08-2019 15:00:00

AIMCo and CPPIB Awarded for Investment Management Excellence at Annual SimCorp North America User Summit

Press Release

SimCorp

, a leading provider of investment management solutions and services to the global financial services industry, announces the recent recipients of its annual Thunderbird Awards, at the SimCorp North American User Summit (NAUS) 2019. Two of Canada’s biggest investment management institutions, Alberta Investment Management Corporation (AIMCo) and Canada Pension Plan Investment Board (CPPIB) were recognized for their investment management excellence, at this years’ Thunderbirds awards ceremony, held in San Diego. The awards celebrate technology innovation and operational excellence.

AIMCo recognized for reducing the cost and complexity of supporting alternative investments

This year, AIMCo, one of Canada’s largest and most diversified institutions with more than C$115 billion of assets under management, was recognized for its multi-asset platform approach to managing alternatives assets. The AIMCo team was celebrated for its leadership in the industry, particularly for embracing platform consolidation to reduce the cost and complexity of supporting growing alternative allocations.

During the Thunderbird winners’ circle discussion

, Michael Baker of AIMCo noted its long history in the alternatives space and an increasing demand, from its clients, for a growing allocation in alternatives. This has formed the primary driver for the progression to one system, to support a front-to-back office. By making the transformation to one core platform, run by SimCorp Dimension, AIMCo has gained a single source of truth across traditional assets and illiquids, with enhanced real-time view to better understand exposure and look-through, as well as supporting KPI reporting for its clients.

CPPIB recognized for on-time, under-budget launch of new accounting module to help safeguard retirement income.

CPPIB invests in the best interests of 20 million Canada Pension Plan contributors and beneficiaries. The Fund’s primary objective is to maximize returns, without undue risk of loss. CPPIB, which had C$392 billion in assets as of March 31, 2019, was recognized at the recent Thunderbird awards for the adoption of new accounting technology, to support the integration of additional Canada Pension Plan contribution amounts. The CPPIB team was celebrated for an on-time, under-budget and efficient project delivery, which helped to safeguard increased retirement income for current contributors and future generations.

At the event CPPIB also stated that operational readiness to manage increased CPP contribution amounts, had been the top technology initiative within the organization over the past fiscal year, as the Fund evolved towards a new multi-account, multi-pool accounting structure.

Michael Baker, SVP for Strategic Implementations at AIMCo comments: “The opportunity to enter into a development partnership with SimCorp two years ago and provide practical input towards the evolution of SimCorp’s Alternatives Investment Manager, gave us a voice in building out capabilities, which are extremely important to our front office. Most important to AIMCo was the look-through functionality with drill downs, various exposure reporting, and the ability to aggregate and disaggregate data from across multiple portfolios and asset classes, to optimize investment decision making.”

Julie Levesque, Managing Director, Head of Data and Systems Delivery at CPPIB said: “With a firm deadline of January 2019, the project involved a significant change in operational processes, migrating over 10 years’ worth of data. Despite this, we were able to complete the work two months ahead of time and under budget, too. What we have achieved in a short period of time has given us new flexibility, as well as the ability to respond to future market changes.”

James Corrigan, Executive Vice President and Managing Director of SimCorp North America comments: “The Thunderbird awards are a way to celebrate the success of our clients and to pay tribute to their achievements in transforming technology, to really empower investment management. It is a great honor to recognize both AIMCo and CPPIB, two very diverse yet focused institutions, at the forefront of technology innovation. Not only have they demonstrated the business benefits of consolidated investment operations, but also the shared journey to operational efficiency that results from such strong partnerships.”

View the Thunderbirds winners’ circle discussion

with AIMCo and CPPIB

here

Enquiries regarding this announcement should be addressed to:

Mittal Shah, SimCorp PR UK/North America /Asia Pacific +001 (646) 843 1707mittal.shah@simcorp.com

Axel Schmid, SimCorp PR Europe +49 6172 9240 761 axel.schmid@simcorp.com

Anders Crillesen, SimCorp Corporate Communications +45 3544 6474 anders.crillesen@simcorp.com

About

SimCorp  

SimCorp provides integrated, best-in-class investment management solutions to the world’s leading asset managers, fund managers, asset servicers, pension and insurance funds, wealth managers, banks and sovereign wealth funds. Regardless of how you deploy it, SimCorp’s core solution, SimCorp Dimension®, and its life-cycle services support the entire investment value chain and range of instruments, all based on a market-leading IBOR. SimCorp invests around 20% of its annual revenue in R&D, helping clients develop their business and stay ahead of ever-changing industry demands. Listed on Nasdaq Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com

Primary Logo

Relateret indhold
19 sep - 
Aktier/middag: Jyske og Danske følger optur for europæi..
19 sep - 
Aktier/åbning: Ørsted og banker i det grønne i splittet..
19 sep - 
Aktier/tendens: Udsigt til rød start ovenpå FED-møde
Relateret debat
23 aug - 
Super selskab - den er i porteføljen - vi skal op op op
23 aug - 
Nej, da de erhvervede AIM, udsendte de nye forventninge..
23 aug - 
Nej, det er ikke hvad der står
Del

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

OECD sænker global vækstprognose for de kommende år

19-09-2019 11:20:24
Organisationen for Økonomisk Samarbejde og Udvikling (OECD) sænker sin globale vækstprognose for de kommende år, idet organisationen nu ser yderligere risici i verdensøkonomien.OECD venter nu en global vækst i bruttonationalproduktet (BNP) på 2,9 pct. i år og 3,0 pct. næste år.Det er en nedrevidering fra henholdsvis 3,2 pct. og 3,4 pct. i den seneste prognose.For USA er vækstprognosen sænket til 2..

Aktier/tendens: Udsigt til rød start ovenpå FED-møde

19-09-2019 08:25:07
Der er umiddelbart udsigt til små fald fra starten af den danske aktiehandel torsdag, hvor øjne og ører kan rette sig mod Ørsted, Simcorp og Sydbank. Dermed følger markedet onsdagens tendens efter tilbagegang efter rentemødet i den amerikanske centralbank, Federal Reserve (Fed).Japanske aktier ligger højere, futures på amerikanske aktier ligger op til 0,4 pct. lavere, mens DAX-futuren ligger 0,1 p..

Lars Christensens Verden - Episode 26: Sidste uges quant quake varsler nye tider på de finansielle markeder

Relaterede nyheder
18-09-2019 19:17:00
Begivenheden er af nogle blevet omtalt som et jordskælv i de globale markeder, og nej det var ikke ECB's seneste rentebeslutning eller den renteforhøjelse eller -nedsættelse, Fed annoncerer onsdag aften, dansk tid. Det er heller ikke oliepriserne, der har bevæget sig voldsomt ovenpå weekendens angreb på de saudiske olieinstallationer og Trumps Iran-tweets i kølvandet herpå, men derimod det såkaldt..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge

Relaterede aktiekurser

SimCorp A/S 616,50 1,1% Stigning i aktiekurs

Copyright Berlingske Media 2019  Handelsbetingelser  |  Cookiedeklaration  |  Cookie- og Privatlivspolitik  |  Ophavsret og vilkår
Aktieinformation leveres af Morningstar.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
22. september 2019 20:18:36
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20190829.2 - EUROWEB6 - 2019-09-22 20:18:36 - 2019-09-22 20:18:36 - 1 - Website: OKAY