SimCorp, a provider of investment management solutions and services to the global financial services industry, has partnered with Qlik.
Through the partnership, Qlik’s advanced BI and analytics platform will be embedded in SimCorp’s Data Warehouse Manager, providing SimCorp clients with fast insights into their investment management operations, portfolio analytics and performance management, according to the company.
SimCorp’s Data Warehouse Manager is a fully automated, central repository for reporting and analytics, which supports buy-side firms clean and accurate data for simplified reporting. By consolidating internal and external sources of data, the solution provides firms with a holistic approach to data warehousing, eliminating the need for costly data consolidation tools.
SimCorp’s new ‘BI and Analytics’ offering powered by Qlik, provides users with powerful insights, as they explore and learn from their enterprise data and includes access to the highly intuitive self-service portal powered by Qlik Sense Enterprise.
Qlik will enable users to scour through a myriad of data and instantly pivot queries, based on data uncovered by SimCorp Dimension and its Data Warehouse. The partnership also gives SimCorp clients access to Qlik’s best in class advanced analytics platform, thereby benefiting from a strong consolidated investment platform with SimCorp Dimension.
Lars Ole Hansen, product manager for performance measurement and BI at SimCorp, said: “With data being the foundation of buy side operations, it is vital that SimCorp responds to client needs as they evolve. We are pleased to partner with Qlik, as part of our commitment to deliver best in class analytics, combined with strong data governance.
“Qlik’s shared strategic vision, focus on product innovation, and ability to truly embed analytic capabilities via open API’s into enterprise solutions like SimCorp Dimension, were key in our decision. We are confident that the consolidation of BI and analytics with SimCorp’s integrated investment management system will prove invaluable for our clients.”
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
