IBS Journal July 2017
45
Who’s bought what? DIMENSIONAL FUND ADVISORS EXTENDS SIMCORP CORIC CONTRACT
Fund Advisors has extended its contract with SimCorp for the vendor’s Coric system. The platform’s reach will be expanded to encompass Dimensional’s client reporting needs.
T
The firm has been using the platform since 2014, when it swapped out its legacy tech due to a need for “long-term scalability”.
“We selected SimCorp Coric because it stood out as the solution best suited to handle Dimensional’s long-term
exas-based asset manager Dimensional
reporting requirements for both the marketing of our investment strategies and for monthly and quarterly reporting,” says Tim Luyet, Vice President and Senior Marketing Manager at Dimensional.
“With SimCorp Coric, we are able to scale the production of high-quality, great-looking reports, targeted for our institutional and financial advisor clients.”
Dimensional is expected to go live with the new functionality in Q2 2017.
ZIONS BANCORPORATION GOES LIVE ON TCS BANCS CORE BANKING SOFTWARE
Zions Bancorporation has gone live on TCS BaNCS for Core Banking with the successful transition of Zions Bancorporation’s Consumer Lending business over to the TCS BaNCS platform.
T
The core transformation program, titled “FutureCore,” is divided into phases and Consumer Lending for the 7 affiliate banks is the first phase to go live, with other phases to follow.
Scott McLean, President & COO of Zions Bancorporation said: “The completion of this consumer lending installation represents our first step toward having a fully
ata Consultancy Services said today that
integrated core loan and deposit system. This project has served as an impetus for us to address customer and employee frustration points, simplify and de-risk how we do business, and make us more agile in adapting to future digital technology, customer and regulatory expectations. Ultimately, having a simplified back office and providing significantly greater information to our frontline bankers has a meaningful impact on customers,” “This core transformation initiative is foundational to our digital transformation objectives: to improve the customer experience, digitize and streamline operations, and better leverage our data assets to better serve our customers.”
Ashvini Saxena, Head – Americas for TCS BaNCS said: “The successful deployment of TCS BaNCS at Zions is a testimony to the commitment from both Zions and TCS to make this happen. It’s a significant landmark not just for TCS and for Zions, but for the banking industry in North America. The TCS BaNCS deployment provides Zions with a US-market-compliant solution, sets up Zions to go Digital, be nimble & efficient and shift to a customer centric approach.”
www.ibsintelligence.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52
