American Century Investments selects SimCorp Dimension

SimCorp A/S / 

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American Century Investments, a leading US-based asset management firm,
has
chosen SimCorp Dimension as the platform to support the operations of its
institutional investment business. 

American Century, one of the largest asset managers in the United States
with
approximately US$ 78 billion assets* under management, manages portfolios
for
both individual and institutional investors. The firm, with its array of
actively managed accounts, chose SimCorp Dimension for its superior back
office
functionality and unique value of a true enterprise data management
platform to
lower cost and reduce risk. 

“We are pleased to announce our relationship with SimCorp. The flexibility
of
their solution will allow us to efficiently scale our domestic and
international institutional businesses, areas where we anticipate
significant
growth in the future,“ said Merele May, Vice President Investment
Operations.
“SimCorp Dimension will become a strategic platform for our Investment
Management middle and back office functions,” added Gudrun Neumann, Senior
Vice
President and CTO of American Century Investments. 

“We are thrilled to welcome as highly regarded an institution as American
Century to our growing North American client base,” said David Kubersky,
head
of SimCorp's activities in North America. “This engagement enforces our
strategy in the North American region, and shows that SimCorp Dimension's
unique ability to offer true straight-through-processing and unparalleled
visibility into investment behaviour is highly valued during this time of
uncertainty.” 

Enquiries regarding this announcement should be addressed to:       
David Kubersky, President, SimCorp USA Inc., (+1 212 994 9401, +1 201 888
9913)
Kenneth Hune Petersen, Vice President, SimCorp USA Inc. (+1 212 994 9416,
+1
917 757 7332) 

SimCorp
SimCorp is a leading provider of highly specialised software and know-how
for
the financial sector. Established in 1971, with approximately 1,100
employees,
SimCorp is listed on the NASDAQ OMX Copenhagen A/S. The SimCorp system,
SimCorp
Dimension, is developed, sold, implemented and supported by the head
office in
Copenhagen and subsidiaries and branches in Amsterdam, Brussels,
Frankfurt,
Hong Kong, Kiev, London, Los Angeles, Munich, New York, Oslo, Paris,
Stockholm,
Sydney, Toronto, Vienna and Zurich. 

American Century Investments
American Century Investments is a leading privately-held investment
management
firm, committed to delivering superior investment performance and building
long-term client relationships since 1958. Serving investment
professionals,
institutions, corporations and individual investors, American Century
Investments offers a variety of actively managed investment disciplines
through
an array of products including mutual funds, institutional separate
accounts,
commingled trusts and sub-advisory accounts. The company's 1,300 employees
serve clients from offices in New York; London; Hong Kong; Mountain View,
Calif. and Kansas City, Mo. James E. Stowers Jr. founded the company and
serves
as co-chairman of the board. Jonathan S. Thomas is president and chief
executive officer and Enrique Chang is chief investment officer. More than
40
percent of American Century Investments' profits support research to help
find
cures for genetically-based diseases including cancer, diabetes and
dementia. 

*As of 31 July 2009 US$ 77.8 billion

News Source: NASDAQ OMX

19.08.2009  Financial News transmitted by DGAP
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Language:     English
Issuer:       SimCorp A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0016026164
WKN:          
 
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