Hedge fund manager Exane has selected SimCorp Dimension to support its middle and back-office operations for listed and OTC derivatives.
Based in Paris, Exane is an independent investment firm with three main lines of business (Brokerage in Cash Equities, Derivatives, and Asset Management), which services a diversified European and global client base.
Benoît Catherine, Deputy CEO, says: “We have selected SimCorp Dimension for its extensive functional scope, especially in the derivatives area, as well as its proven ability to automate middle and back-office processes. The implementation of SimCorp Dimension will enable us to scale for growth and to serve our clients even better. The first phase of the project will start in June 2016 and is expected to be extended to other business lines in the future.”
”Emmanuel Colson, Managing Director at SimCorp France, says: “We are very pleased to welcome Exane in our growing community of French and international clients. Exane is a key player in the European derivatives space and their choice of SimCorp Dimension is a tribute to the system’s ability to support and ease investment manager’s growth by removing operational complexity and the associated risk.”
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