Societe Generale Securities Services mandated by Sunny Asset Management for its front-to-back outsourcing solution "CrossWise"
The French asset management firm Sunny AM has chosen SGSS’ CrossWise offer for the outsourcing of its middle office and for the provision of the front office portfolio management system SimCorp Dimension, thanks to the exclusive partnership between SGSS and SimCorp.
CrossWise is an integrated and modular offer of outsourcing solutions for traditional front office, trading desk, middle and back office functions. This fully automated service provides access to cutting-edge technology, particularly thanks to SimCorp Dimension front office solutions which are fully integrated into CrossWise, allowing asset managers to optimize their operational model and meet regulatory requirements on all types of asset classes.
Jacques Cadenat, CEO of Sunny AM, says:
We are delighted to enrich our partnership with SGSS through its CrossWise solution which will allow us to focus on our core activities: the performance and marketing of our investment strategies.
SGSS is the custodian, trustee and fund administrator of all Sunny AM funds and is delighted to support Sunny AM further up the value chain.
A client of SGSS since its creation in 2010, Sunny AM is an independent asset management firm with the goal to provide new alternatives to insurance euro-denominated funds. The company has successfully reached its first development phase and is currently experiencing robust growth through a proven management method and offer, reflected by the track record of its first years of existence.