ING IM extends licence for Danish SimCorp software

15 March 2010 - SimCorp A/S (CPH: SIM) said today that ING Investment Management (ING IM) has extended its licence agreement for the SimCorp Dimension product and has signed a global, strategic contract with the Danish financial software provider.

No financial details were available.

ING IM, which is part of Dutch banking and insurance group ING Group NV (AMS: INGA), signed a European licence agreement with SimCorp in 2003.

SimCorp Dimension is an integrated single database investment management system.

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