SimCorp has been selected as a partner to further drive the digitisation of LGT Capital Partners’ (LGT CP) investment operations.
SimCorp's cloud-based investment management platform, SimCorp Software as a Service and its Data as a Service solution, SimCorp DataCare, will support global scale and growth.
LGT CP, a global specialist in alternative investing, currently manages more than $75 billion (USD) in assets under management and operates from 12 offices around the globe.
According to Rene Rich, head middle office at LGT CP, SimCorp was selected because of its combination of an integrated front-to-back platform and a holistic managed data service that provides LGT CP with highly automated and future-proof investment operations.
Rich explains: “The managed data service also provides us with data that reflects the latest regulatory developments, enabling us to integrate these in real-time. SimCorp can support our continued focus on future developments across all our offices and in critical areas of operations."
Hans Otto Engkilde, executive vice president and managing director, SimCorp Europe, the Middle East and Africa, comments: "We are pleased to welcome LGT Capital Partners to our growing global community of clients.”
Engkilde adds: “With our consolidated solutions delivered as a service and reinforced by the cloud, we are confident that we can provide LGT Capital Partners with agile and simplified operations that can be adapted to meet the future requirements of asset management, and foster innovation.”
In May, SimCorp collaborated with J.P. Morgan Securities Services to create a front-to-middle office custody integration to deliver a global response to investment operations challenges, including post-trade processing for mutual clients.
