|By Business Wire||
|June 11, 2014 03:11 PM EDT||
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has announced that Mizuho Trust & Banking (Luxembourg) S.A. (“MHTBL”) has chosen SimCorp Dimension as its new integrated software solution.
MHTBL is a major player in the international financial industry offering global custody, fund administration and securities agency services to its clients. MHTBL will use SimCorp Dimension to support its business, in particular, enabling compliance with both EMIR and AIFMD regulations.
Having conducted a thorough selection process, MHTBL selected SimCorp Dimension for its ability to meet the company’s comprehensive requirements and support MHTBL’s future growth ambitions.
Commenting on the agreement, Mr. Toru Horie, Managing Director and CEO at MHTBL said: “We have chosen SimCorp Dimension because of its successful track record, and because we believe that it is the best solution to help us meet the vast regulatory demands of the industry.”
Hans Otto Engkilde, Managing Director SimCorp Benelux said: “The agreement with MHTBL is a testament to SimCorp’s offering and commitment to the market. We very much look forward to working with MHTBL in the future.”
Since 1971, SimCorp has been providing investment and portfolio management software and services to the world’s leading investment managers, asset managers, fund managers, fund administrators, pension funds, insurance funds and wealth managers. SimCorp’s world-class software provides global financial organisations with the tools they need to mitigate risk, reduce cost and enable growth. SimCorp is a global company, regionally covering all of Europe, North America and Asia Pacific. Listed on the NASDAQ OMX Copenhagen, SimCorp is dedicated to supporting the global investment management industry, its clients and its investors. For more information about SimCorp's products, please visit www.simcorp.com/product.
Mizuho Trust & Banking (Luxembourg) S.A. is a wholly owned subsidiary of Mizuho Trust & Banking Co., Ltd. in Tokyo, Japan within the Mizuho Financial Group. MHTBL is located in the Grand-Duchy of Luxembourg, the heart of the European Community and the centre of financial and investment fund services.