BMO Global Asset Management Awards Contract To SimCorp
Tom Burroughes
2 February 2012
SimCorp, the financial software and consulting firm, has won a deal from BMO Global Asset Management to use the former’s SimCorp Dimension product to support the fund manager’s investment management process.
BMO Global Asset Management is a multi-asset management business operating within BMO Financial Group, overseeing $90 billion of client money. SimCorp Dimension will support the firm’s operations in Toronto, Chicago and Milwaukee.
BMO Global Asset Management includes certain indirectly, wholly-owned subsidiaries of Bank of Montreal, Canada’s fourth largest bank.