September 2nd, 2021
Announcement of system integration,
partial business enterprise procedure outsourcing and reorganization
Sumitomo Mitsui DS Asset Management Firm, Constrained [the “Company”] (President and CEO: Takashi Saruta) has been steadily integrating IT units and operational processes given that the merger on April 1st, 2019. The Organization herewith announces prepared integration of its expense belief back place of work units, partial business enterprise approach outsourcing and reorganization as established out beneath.
1. Technique integration, and business enterprise system outsourcing of the fund administration
The Enterprise has determined to integrate its investment belief back place of work units into “FAIMS/IT”, which is the Investment decision Belief Accounting Procedure produced and furnished by Daiwa Institute of Investigation Ltd., on September 21st, 2021. On the very same working day, portion of our middle and back again workplace functions connected to each investment decision have faith in and financial investment administration company will be outsourced to Sumitomo Mitsui Have faith in Lender, Constrained and Custody Bank of Japan, Ltd.
We will try to come to be an asset administration organization that presents purchasers with the optimum good quality of effectiveness and services, although realizing an successful working framework.
We will consider all achievable actions to accomplish prosperous completion of these program integration and organization approach outsourcing. All through the course of this hard work, we might ask for aid from our shoppers and business companions. We enjoy your knowledge and cooperation on this subject.
In line with the abovementioned enterprise method outsourcing, the Fund Accounting & Administration Office will be abolished successful from September 21st, 2021. Most of the operations of the section will be outsourced externally, and the remaining functions will be transferred to suitable inside departments.
[Contact information for this news release]
Katsuki Maruyama General Supervisor / Interaction Portion, Company Technique Department Direct: +81-3-6205-1908,E-mail:[email protected]
Yasuko Kawase Supervisor / Interaction Section, Company Technique Division Immediate: +81-3-6205-1902,E-mail:[email protected]
Monetary Devices Business Registered Selection:
The Director of Kanto Nearby Finance Bureau (KINSHO) No. 399
Member of Japan Expense Advisors Association,
Investment Trusts Affiliation, Japan, and Sort II Monetary Instruments Firms Affiliation