10:44 AM
SimCorp Tool Allows Fund Firms to Measure Growth Prospects
SimCorp announced the launch of a self-assessment center which allows a mutual fund firm to see its growth prospects and evaluate how they measure up against their peers.
SimCorp said the tool measures a range of growth-related issues, including a company’s likelihood of releasing new products, plans to enter new markets between 12 and 24 months, the impact of regulatory requirements, and the ability of existing systems to support new funds or products.
SimCorp said that after completing a 10-minute self-assessment, users would receive a report detailing their company’s growth readiness.
“Contrary to popular opinion, firms are ramping up for growth,” David Kubersky, the managing director of SimCorp’s North American unit said in statement. “We’re seeing firms actively looking to expand their new product offerings, increase assets under management and enter new markets.”
As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced Trading in 2010, Grant's news analysis has touched on everything from the latest ... View Full Bio