Following the establishment of its Asia Pacific operation in 2001, Danish-listed financial technology vendor SimCorp has signed its first client in the region for its fund management solution.
Long Investment Management, a Hong Kong-based investment advisory group specialising in arbitrage strategies in Asia, will implement TMS2000 in the first quarter this year as a fully integrated solution encompassing both index portfolios and funds management.
According to Long Investment Management, key factors in the selection of SimCorp's offering were its pricing capabilities theoretical and market, risk management facilities such as historical and Monte Carlo Value-at-Risk analysis, and comprehensive multi-currency functionality, on top of its standard features for settlement and accounting.
As an...
