Continentale selects investment management system
Continentale Insurance Group has selected Sim Corp Dimension as its future investment management system.
The German insurer will use the system front to back, specifically to support its portfolio management operations, for controlling accounting as well as for regulatory reporting.
Dr Gerhard Schmitz, board member responsible for Continentale‘s asset management, explained: "The extensive range of modular functionality within Sim Corp Dimension means that we are able to tailor the system to our particular needs. Furthermore, the professional collaboration and support provided by Sim Corp was decisive for our choice of vendor."
Commenting on the agreement, Dr. Ralf Schmücker, managing director of Sim Corp Central Europe, said: "We are delighted to welcome Continentale to our German insurance client base. This success emphasises once again that Sim Corp Dimension's unique ability to provide seamlessly integrated functionality within a single software solution gives insurance companies a real competitive advantage."
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