The third-party administration division of Exeter Investment Group (EIG) has chosen SimCorp Dimension to service £3.5 billion of funds under administration for its 100 clients. The system will replace two existing systems at EIG and be used for fund accounting for investment trusts and open-ended funds. Other services provided by EIG include transfer agency and company secretarial functions. Implementation of SimCorp Dimension at EIG is due to be completed by the Summer 2004.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.