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SEB selects SimCorp Dimension as its back office solution

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SEB, a Swedish financial services firm, has selected SimCorp Dimension as its new back office platform, including transaction processing, reconciliation, settlement, accounting and derivatives processing.

SimCorp Dimension has been used by SEB’s Danish branch for a number of years. Now the parent company has signed a subscription-based license agreement to adopt the system on a larger scale across its business.
 
Implementing SimCorp Dimension is the cornerstone of a consolidation strategy aiming to optimise SEB’s operating model by providing a leaner, more efficient system architecture.
 
Lau Jeppesen, vice president, SimCorp Nordic, says: “It is not without reason that SEB is one of the leading financial firms in the Nordic region. They recognise that having technology that allows you to operate efficiently and with agility in the market is key to continued growth. We are proud to have been selected as their partner.”

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