SimCorp, leading provider of investment management solutions and services for the global financial services industry, today announced that Aegon Asset Management has chosen SimCorp Dimension as the new back office platform for its Netherlands operations.
Aegon Asset Management will use SimCorp Dimension as a position keeping tool to support back office operations, in particular, bringing greater efficiency by further automating the transaction and accounting processes.
Having conducted a thorough selection process, Aegon Asset Management selected SimCorp Dimension for its ability to meet the company’s comprehensive requirements and support its future growth ambitions.
Commenting on the agreement, Wouter Peters, Chief Operating Officer Aegon Asset Management Netherlands, said: “We have chosen SimCorp Dimension as we are fully convinced about its capacity to address our current and future challenges in terms of automation, flexibility and functional coverage.”
Hans Otto Engkilde, Managing Director, SimCorp Netherlands, said: “The agreement with Aegon Asset Management is a testament to SimCorp’s strong offering. For global investment managers like Aegon to realize an ambitious strategy while also coping effectively and efficiently with regulatory and market demands, a modern investment management system is a must. We look forward to working with Aegon and to seeing the positive impact state-of-the-art technology will have on the firm’s operations and performance.”
Enquiries regarding this announcement should be addressed to:
Bernard Fripiat, Sales Director, SimCorp Benelux (+32 2 213 30 26)
About Aegon
Aegon Asset Management is a global, active investment manager. Aegon Asset Management uses its investment management expertise to help its clients take responsibility for their financial futures, with a focus on excellence, trust and partnership. Institutional and private investors entrust Aegon Asset Management to manage approximately €270 billion worldwide. Positioned for success in its chosen markets (the UK, Continental Europe, North America and Asia), Aegon Asset Management’s specialist teams provide high-quality investment solutions across asset classes. Its clients benefit from the extensive international research capabilities and in-depth local knowledge of Aegon Asset Management, as well as Kames Capital, its specialist UK investment team, and TKP Investments, its multi-manager investment team in the Netherlands. Aegon Asset Management is part of Aegon Group, one of the world’s leading financial services organizations, providing life insurance, pensions and asset management.
About SimCorp
Since 1971, SimCorp has been providing investment and portfolio management software and services to the world’s leading investment managers, asset managers, fund managers, fund administrators, pension funds, insurance funds and wealth managers. SimCorp’s world-class software provides global financial organisations with the tools they need to mitigate risk, reduce cost and enable growth. SimCorp is a global company, regionally covering all of Europe, North America and Asia Pacific. Listed on the NASDAQ OMX Copenhagen, SimCorp is dedicated to supporting the global investment management industry, its clients and its investors. For more information about SimCorp's products, please visit www.simcorp.com/product.