Mawer selects SimCorp Dimension as its investment management platform

By Pavithra R

SimCorp, a Danish investment management solutions and services provider, has announced that Mawer Investment Management has selected SimCorp Dimension as its multi-asset, front-to-back, investment management platform.

Mawer is a privately owned, independent investment firm, managing over $67 bn in assets for individual and institutional investors across all major investment strategies. The company’s “Be Boring. Make Money” investment philosophy has helped its clients navigate the investing landscape over many economic cycles. By selecting SimCorp’s multi-asset, front-to-back investment management platform as its foundation, the firm will benefit from sound technology and a flexible, scalable operational infrastructure to support its business objectives.

“We are pleased to select SimCorp as one of our key partners. Having completed a thorough evaluation of the market, we feel their consolidated front-to-back approach is the right choice to support our business objectives. SimCorp’s integrated, single platform will help drive the operational efficiency and resiliency required for future growth,” said Colin Zvaniga, Chief Operating Officer, Mawer Investment Management.

With a single integrated, multi-asset platform through the front, middle, and back-office, Mawer expects to simplify its systems landscape and streamline key investment workflows from portfolio management, compliance, order execution, and corporate actions, through to settlement. The company will also benefit from SimCorp’s Data Warehouse Manager. Automating data processes throughout the investment lifecycle, along with real-time position/transaction keeping across all asset types in the front office, provides Mawer with optimized data for its investment decision-making.

“We welcome Mawer Investment Management, who join a growing number of North American institutions choosing the industry’s first and only truly integrated, front-to-back, multi-asset platform, SimCorp Dimension. As diversification continues to play a significant role in global asset management, consolidating investment operations across multiple asset classes, has now become vital to support business growth. With the market’s leading, fully-integrated, single platform since inception, exhaustive instrument coverage and over 200 successfully implemented global clients, SimCorp’s approach delivers the right model for achieving a robust and scalable multi-asset infrastructure. With one unified source of data empowering the entire investment lifecycle, we are confident that Mawer Investment Management will establish the operational efficiency and long-term sustainability, it seeks to achieve its business outcomes,” said James Corrigan, Executive Vice President and Managing Director of SimCorp North America.

Established since 1971, SimCorp is a provider of investment management and portfolio management software and services to the global financial industry. The company invests around 20% of its annual revenue in R&D, helping clients develop their business and meet the ever-changing industry demands.