Metropole Gestion revamps front and middle office ops with SimCorp Dimension
France-based asset management company Metropole Gestion has chosen SimCorp Dimension to enhance its front and middle office operations.
Metropole Gestion, which has €6 billion in assets under management, will integrate SimCorp’s multi-asset class solution across its range of equity, fixed income and diversified funds.
Isabel Levy, MD, chief investment officer, and founder of Metropole Gestion, says it selected Dimension for its “extensive front office functionality, its proven track record in automating asset managers’ operations, and its ability to deliver a faster-to-market standard platform”.
Metropole Gestion will also be supported by Simcorp Dimension’s IBOR (investment book of record), which will integrate across front and middle office, covering portfolio and order management, pre- and post-trade compliance, performance measurement, net asset value (NAV) control, and risk management.
According to Simcorp, key to the firm’s selection was the ability to use its Standard Platforms offering, which “simplifies the implementation process with ‘off the shelf’ components and predefined business processes, while presenting clients with the option for customisation where needed”.
Metropole Gestion was founded in 2002 and is based in Paris.