SimCorp has moved quickly to rebrand its recent acquisition, Equipos.
The company announced this week that Equipos had been renamed SimCorp Coric.
It said the firm’s name had changed to SimCorp Coric Incorporated in North America and SimCorp Coric Limited in the UK.
The announcement said the firm’s mainstay solution, SimCorp Coric Client Communications (formerly Equipos Coric Client Communications), was a software solution that empowered private wealth and institutional asset management firms to enhance client service, increase operational efficiency and enrich client experience through the automated production of personalized client reports, pitchbooks, client meeting packs, and other client communications.
Equipos was acquired by SimCorp in early March and prior to that SimCorp held a 20 per cent stake in the company.