SimCorp, GlobalLogic to Boost Investment Management Services with Cloud Transformation

SimCorp, a provider of integrated investment management solutions and services to the global financial services industry, and GlobalLogic Inc., a provider of digital product engineering services, jointly announced their partnership, the companies said.

Through this collaboration, GlobalLogic will work with SimCorp to transform the cloud delivery model for SimCorp´s flagship front-to-back platform–SimCorp Dimension®. Partnering with GlobalLogic provides SimCorp with additional software engineering expertise and access to high-caliber technical talent for this project, at a time where the digital/IT sector is facing a widening skills gap.

A global business and trusted partner to over 200 of the world´s top institutional investors, SimCorp offers the buy side a complete outcome-oriented solution for investment operations. Today, its platform delivers a multi-asset, real-time overview across the whole investment value chain, alongside enterprise data management and client communications. The project with GlobalLogic will evolve SimCorp Dimension´s delivery model to an enhanced full-service Stack offered as a highly integrated, automated service–to drive value and support the changing needs of its clients.

SimCorp provides integrated, best-in-class investment management solutions to the world´s asset managers, fund managers, asset servicers, pension and insurance funds, wealth managers, central banks, sovereign wealth funds, and treasury. Listed on Nasdaq Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, visit www.simcorp.com.