Pictet Asset Management Selects SimCorp One to Unify Technology Infrastructure | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
Pictet Asset Management has selected SimCorp’s integrated investment management platform to consolidate its trading and operations technology infrastructure.
The move is expected to reduce system fragmentation and improve trade execution efficiency across its investment teams.
Pictet AM, which manages $326 billion in assets, has been a SimCorp client for back-office capabilities since 2008.
The expanded relationship will see the firm adopt SimCorp One, SimCorp’s front-to-back platform built on a unified data layer, to reduce the number of core systems in use and establish a single, coherent data foundation across front-, middle-, and back-office functions.
Implementation is on track for completion by December 2026.
The firm will use API connectivity to integrate SimCorp One with its in-house technology, allowing it to retain the specialist tools that underpin its trading strategies whilst gaining the data efficiency and scalability of a unified platform.
“As our business has expanded, managing fragmented systems and disconnected datasets across front-, middle-, and back-office functions has become increasingly complex,” said James Frew, co-Head of Fixed Income Trading, Pictet AM.
“SimCorp One provides an integrated front-to-back platform built on a unified data layer, enabling efficient trade execution and faster pre- and post-trade processing.”
“A unified data foundation empowers investment teams to make more confident investment decisions. We are excited to strengthen our partnership with Pictet Asset Management and support their investment teams with easier access to centralized, real-time data,” stated Oliver Johnson, Chief Revenue Officer, SimCorp.
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