Norwegian Folketrygdfondet employs SimCorp’s Front Office Solution
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that Norwegian Folketrygdfondet has selected SimCorp’s front office solution to achieve tighter system integration, lower operating costs and reduced time-to-market for new instruments.
Folketrygdfondet is responsible for the operational management of the Government Pension Fund Norway and manages public assets of approximately EUR 23bn. Folketrygdfondet is an existing SimCorp client, currently using SimCorp Dimension throughout its middle and back office functions. In 2011, the firm selected a so-called best-of-breed solution for the front office.
“We have come to realize that fewer systems equals less maintenance, more efficient operations, and lower operating costs. From a functional point of view, SimCorp’s front office solution is competitive with our current solution. With the benefits we gain from seamless integration to middle and back office, we find SimCorp Dimension to be the best solution for our needs. Our front office functions will benefit from the direct access to SimCorp Dimension’s IBOR (Investment Book of Record) and we also foresee an improved time-to-market for new instruments,” says Jørn Nilsen, Chief Operating Officer at Folketrygdfondet.
Once implemented, SimCorp‘s front office solution will provide Folketrygdfondet the full benefit of an enterprise front to back platform as well as SimCorp Dimension’s integrated IBOR. For the front office, this means real-time position keeping and the ability to get a timely, accurate overview of all holdings, risk exposure and investable cash.
Lau Harting Jeppesen, Head of Sales at SimCorp Nordic comments: “Having Folketrygdfondet commit to SimCorp’s front office solution is a milestone for us. We have seen numerous times over the past years that SimCorp Dimension is selected in direct competition with best-of-breed solutions, but replacing a best-of-breed solution is an even stronger testament to the strengths of our solution.”
- - -
About Folketrygdfondet
Folketrygdfondet manages the Government Pension Fund Norway according to the mandate given by the Ministry of Finance. The Ministry has placed a capital deposit with Folketrygdfondet, which reinvests the capital in financial assets in its own name. The return on the assets is added to the fund capital.
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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organizations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.