SimCorp eyes China asset managers

Relatively few Asian financial firms use front-to-back-office investment-management systems, especially ones that can cost between $1 million and $3 million to license. However, Danish software supplier SimCorp does have some substantial client names based in Australia and is building a customer list elsewhere in the Asia-Pacific region. The target market is medium-size to large institutional investment managers, insurers and fund administrators, and the vendor is bringing new custom…