AXA Investment Managers has signed a license agreement to use SimCorp’s investment management solution for its front office activities.
SimCorp, an investment management solutions provider, said it is supporting AXA Investment’s investment book of record (IBOR), trading, order and portfolio management, compliance, performance risk, and corporate action management. By using SimCorp’s software platform called Dimension, AXA Investment will have the tools to mitigate risk, reduce cost and enable growth.
A member of the AXA Group, AXA Investment currently manages 607 billion euro ($680.5 billion) in assets.
