Victoria Funds Management licenses SimCorp Dimension
SimCorp announces that Victorian Funds Management Corporation (VFMC) has licensed SimCorp Dimension. Located in Melbourne, Australia, VFMC is responsible for managing investments of AUD 39.7 billion on behalf of 14 clients, all of whom are Victorian Government entities.
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VFMC will use SimCorp Dimension to manage front- and middle-office investment management functions.
This new SimCorp Dimension order does not change the company's expectations to the year's result.