SimCorp announces that it has signed a license agreement with KBC Asset Management, the largest investment manager in Belgium. KBC Asset Management manages assets of approximately EUR 205bn in funds and unit-linked life insurance and has a fund market share in Belgium of more than 35%.
KBC Asset Management has selected SimCorp’s investment management solution, SimCorp Dimension, as its investment book of record (IBOR). The system will support the firm’s front and middle office activities across all asset classes, including trading, portfolio management, compliance, performance, risk, and settlement.
Enquiries regarding this announcement should be addressed to:
Hans Otto Engkilde, Managing Director, SimCorp Benelux (+32 2213 3021, +32 498 866 601)
Jochen Müller, Executive Vice President, SimCorp A/S (+45 3544 6477, +45 6040 6477)
Company Announcement no. 59/2015