Edmond de Rothschild Asset Management (EdRAM) has signed a strategic framework agreement with SimCorp, to provide portfolio management solutions for third party asset managers with the front-to-back solution EOS Portfolio Management.
EdRAM will be in charge of the promotion of EOS Portfolio Management, whereby SimCorp will actively support efforts to reach a wider audience of asset managers while providing access to the latest SimCorp solutions and technical expertise.
Launched successfully in October 2018, EOS Portfolio Management is a front-to-back solution including data management services, allowing asset managers to maximize their efficiency whilst reducing operational and financial risks. BPO holds many advantages such as streamlining the internal organization with the backing of robust risk management, compliance and performance analysis tools, and excellent reporting capacity.
Serge Weyland, CEO of Edmond de Rothschild Asset Management (Luxembourg) commented on the agreement:
This strategic partnership with a global leader in integrated investment management solutions is an exceptional opportunity. It will allow us to increase the distribution of our EOS Portfolio Management solution with active support from SimCorp and access the latest solutions and technical expertise.
While Emmanuel Colson, Managing Director, SimCorp Southern Europe said:
SimCorp’s strategic framework agreement enables EdRAM, and asset servicers and custodians alike, to address operational complexity and deliver superior service to their clients. Powering the operations of these entities, enables SimCorp to reach a wider footprint within the buy side and also serves its needs by building a value-added investment ecosystem. We are delighted to partner with EdRAM and provide small to medium sized asset managers access to our flexible and scalable solution. Combined with EdRAM’s strong business services expertise, the partnership offers a robust tool to accelerate business growth in a competitive market.
