GAM Investments revamps investment operating model with SimCorp
Partnership will see GAM use SimCorp Dimension as its core front-office platform, with the transition due to begin this month.
Partnership will see GAM use SimCorp Dimension as its core front-office platform, with the transition due to begin this month.
AIM Software provides data management technology to asset management firms.
SimCorp research finds only 7% of buy-side firms are ready to comply with the incoming rules in September.
Despite opportunities such as reduced workload, buy-side firms would still opt for a technology vendor over a custodian for front-to-back-office solutions.
Exane Derivatives and Ellipsis Asset Management have implemented SimCorp Dimension for front, middle and back-office management.
Areas like fixed income and collateral management are already partly automated, but buy-side faces challenges when automating traditionally manual processes.
Global survey finds 84% of large buy-side firms predict growth in annual revenues.