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SimCorp Launches Legal Rule Set Service

Tuesday, July 15, 2014 5:15:00 AM PDT | VentureDeal
   New York, New York  --  Investment management technology company SimCorp has announced the launch of a new service for fund managers located in Germany, Luxembourg and Switzerland.

Called Legal Rule Set, the service continuously monitors a number of related legal environments and provides immediate notification of any new rules or changes that require system upgrades.

The benefit of the service is that it frees up internal client resources and lets them focus on their core business, according to the company.

SimCorp says that the service already covers more than 400 legal investment restrictions and also announced a pilot test with its client Swiss & Global Asset Management.

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