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March 24, 2011 Newswires
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Marathon Asset Management Chooses SimCorp Dimension

NEW YORK--(BUSINESS WIRE)-- Marathon Asset Management, a leading independent investment management company with $53 billion under management, has selected SimCorp Dimension as its future investment management system. The UK based firm, which manages equities for a globally diverse client base of institutional investors, will use the system to support its portfolio accounting operations serving traditional and alternative funds. It will also enable trade processing, asset servicing, performance measurement, stock lending and funds valuation.

SimCorp Dimension, which offers seamless processing that can support the entire investment management process, will provide Marathon with a single system to replace three of the firm’s existing application systems and a number of manual processes in the middle and back office areas. “With SimCorp’s commitment to R&D and the system’s seamless processing capability, SimCorp Dimension will provide us with a future proof solution,” says David Brown, chief operating officer of Marathon. “The system’s ability to provide transparency across all activities, improved real time valuation and improved client services from better data will provide us with an excellent platform for future growth.”

About SimCorp

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, 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/products.

For SimCorp:Binna Kim/Renee Sieli, 646-395-6300
[email protected]

Source: Marathon Asset Management

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