From Asset Servicing Times:
Swiss-headquartered European insurance group Helvetia has selected financial software provider NeoXam to support the continued expansion of its asset management business.
Helvetia Asset Management, which currently manages more than CHF 65 billion in assets, will use NeoXam’s DataHub platform as part of its project to transform its asset management technology landscape.
The DataHub solution will be hosted, maintained, and operated by NeoXam.
A key part of the project includes upgrading existing systems to investment technology solutions.
Commenting on the partnership, Dominik Gurtner, head of investment management platform at Helvetia Asset Management, says: “Flexibility, scalability and future-proofing were important criteria when deciding on the optimal data management solution to take us forward.
“The flexibility of NeoXam’s DataHub to efficiently manage data across all asset classes and for all our customers was a key component in our decision.”
Philipp Sfeir, general manager of the Europe, Middle East and Africa and ZAF regions at NeoXam, adds: “The scalability of DataHub is particularly important to Helvetia’s ever-expanding investment management portfolio which includes a wide range of financial instruments. Welcoming Helvetia as our customer in Switzerland confirms our growth strategy and commitment to this key market.”