A major Norwegian securities firm, Storebrand Asset Management, has replaced incumbent systems with those of SimCorp for a front-to-back-office consolidation that has yielded $1.1 million in savings, confirm vendor and Storebrand officials. In fact, Storebrand officials report that it is Norway’s largest private asset manager with €71 billion ($81.4 million) in assets under management (AUM),… Read More >>
RBS Luxembourg to Deploy RiskMetrics
MSCI Inc., a provider of risk management and investment-decision support tools, reports that RBS (Luxembourg), has chosen MSCI as its vendor for regulatory risk reporting. RBS (Luxembourg) is part of the Royal Bank of Scotland’s wholesale banking arm. The bank uses two products available on the RiskMetrics platform, according to MSCI: RiskManager for managed services… Read More >>
