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Asset Management

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ING-CGB Securities Investment & Trust implements Portia from Thomson Financial; ASB Group Investments implements SimCorp Dimension; Gottler Finanz selects Advent Europe's Office.

ING-CGB Securities Investment & Trust has implemented Portia, a portfolio-management solution from Thomson Financial. ING-CHB, a joint venture between ING Asset Management and Taiwan's Chung Hwa Bank, will use the investment-management platform for its discretionary and mutual-fund operations. Thomson Financial says that the solution enables reporting and support of all security types, as well as real-time processing and multi-currency capabilities.

ASB Group Investments, a New Zealand-based asset manager, is implementing SimCorp Dimension for its fund-management business. SimCorp's product will replace multiple in-house investment-management and pricing systems that were being used by ASB Bank's investment operations and life-insurance business, Sovereign, before the two joined to form ASB Group Investments.

Gottler Finanz, a German investment firm, has selected Advent Europe's Office package, making it Advent Europe's first German client. The firm is will use the solution for order management, portfolio management and client reporting. Gottler Finanz is replacing its earlier Broker Base solution with Advent Office.

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