SimCorp – a Denmark-based investment solutions provider – has been selected by Italy’s Anima SGR to enhance front office and deliver new services to the Italian insurance market.
Using the SimCorp Dimension product, Anima – Italy’s largest independent asset manager with €186 billion in assets under management – aims to use increased data insights, analytics and transparency in order to deliver new services to its clients.
The venture is part of Anima’s aim to strengthen its position in the Italian insurance market. SimCorp’s automated solution will provide “robust” front office support and integrate existing solutions whilst eliminating manual processes and optimising workflows.
The solution will offer access to on-demand portfolio calculations to more easily streamline portfolio management and enable real-time intraday positions, for more informed decision-making in the front office, according to a statement made by both firms.
The addition of in-depth risk and performance analytics will also boost insights for important asset allocation decisions, they said.
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