SimCorp has announced that Alberta Investment Management Corporation (AIMCo), one of the largest investment managers in Canada, has chosen SimCorp Dimension for its investment operations. AIMCo invests more than US$70bn, on behalf of a number of public sector pension, endowment and special purpose funds, across a range of asset classes. SimCorp develops and implements one product – SimCorp Dimension – an integrated, enterprise-level tool that provides front, middle, and back office solutions for the investment management industry. Headquartered in Denmark, and listed on the Copenhagen Stock Exchange, the company has a worldwide client base of over 160 financial institutions, and has established subsidiaries and offices throughout the world to support them.
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.