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Exane selects SimCorp Dimension

First Published 22nd June 2016

SimCorp, a provider of investment management solutions and services for the global financial services industry, has announced that Exane has selected SimCorp Dimension to support its middle and back-office operations for listed and OTC derivatives. Based in Paris, Exane is an independent investment firm with three main lines of business (Brokerage in Cash Equities, Derivatives, and Asset Management).

Exane will replace its technology platform, previously consisting of a number of disparate systems, with one single integrated solution.

Benoît Catherine, Deputy CEO, commented: "The implementation of SimCorp Dimension will enable us to scale for growth and to serve our clients even better. The first phase of the project will start in June 2016 and is expected to be extended to other business lines in the future.