SimCorp to Host Webinar on the Retirement of Barclays POINT Featuring Guest Speaker David Bates of Citisoft

NEW YORK, July 25, 2016 /PRNewswire/ -- SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced the upcoming webinar, 'Transitioning Away from POINT - Understand your Options,'  which will take place on Tuesday, July 26,  from 12:00-1:00pm ET. In this complimentary webinar, professionals from Citisoft and SimCorp will discuss how these unexpected changes will impact fixed income operations and the essential criteria for a successful replacement.

In December 2015, Barclays agreed to sell its risk analytics and index solutions business. As a result, POINT will only be supported for 18 months at most after the deal is completed, which means all POINT clients will need a new solution in place within the next year to ensure business continuity.

Join the discussion to learn more about the following areas:

• Hear findings from Citisoft's recent survey of Barclays POINT users
• Assess global sentiment of the transaction
• Crystalize the impact on investment managers
• Begin conversation on path forward
• SimCorp's comprehensive alternative to POINT

David Bates has been at the forefront of the discussion since the plan to retire Barclays POINT  was announced in late 2015. He has authored numerous blogs and surveyed the Barclays POINT user community. The report of the findings can be found here.

This event is open to investment management firms, consulting partners, industry analysts and research organizations.

To register, please click here.

Enquiries regarding this announcement should be addressed to:
Erica Fidel, SimCorp North America, [email protected], 212.9949453

About SimCorp
SimCorp provides integrated, best-in-class investment management solutions to the world's leading asset managers, fund managers, asset servicers, pension and insurance funds, wealth managers and sovereign wealth funds. Whether deployed on premise or as an ASP solution, its core system, SimCorp Dimension, supports the entire investment value chain and range of instruments, all based on a market-leading IBOR. SimCorp invests more than 20% of its annual revenue in R&D, helping clients develop their business and stay ahead of ever-changing industry demands. Listed on NASDAQ Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.

About Citisoft
Citisoft is a global consulting firm dedicated to servicing the investment management industry. Citisoft's staff and management bring credibility and hands-on knowledge to every facet of their client relationships, backed by a history of successful partnerships with leading investment management firms and industry service providers. With a deep understanding of all aspects of the investment management process, Citisoft's clients benefit from the firm's ability to identify industry trends and accurately assess their effects. Through its Advisory and Delivery services, Citisoft offers a full complement of consulting capabilities ranging from strategy formation through guiding and implementing successful business change. Citisoft, Inc. and Citisoft, PLC constitute The Citisoft Group with operations in North America, Asia Pacific, and EMEA. For more information, please visit www.citisoft.com.

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SOURCE SimCorp

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