Strategic cost management

Reduce cost with SimCorp Dimension 

The financial crisis has forced the investment management industry to think about cost management. A structured long-term strategic cost management approach, as opposed to short-term tactical cost management, is what separates winners from losers. It is time to think strategically when investing in software.

SimCorp Dimension is an extended enterprise data management platform which offers a scalable and modular STP front-to-back enterprise solution for the investment management industry that allows institutions to mitigate risk and reduce cost while enabling growth.

Watch webcast on cost management and operational control in asset management



Watch an on-demand webcast in which Professor Ingo Walter and selected industry expert contributors to the new volume ‘Operational control in asset management: processes and costs’ discuss new ideas on key strategic cost management issues in asset management.

The webcast is from a live webinar, arranged by SimCorp Strategylab, held 3 December

Watch webcast on short-term versus long-term cost management

Learn about cost drivers and strategic cost management with Professor Michael Pinedo and discover how organisations can reduce cost - also in the long term. Watch the webcast here.

Learn more about strategic cost management

New volume on cost management and operational control


A new SimCorp StrategyLab volume discusses new ideas on key strategic asset management industry issues concerning processes, costs, productivity and operational risk, with a particular focus on their interrelationships and the trade-offs between them.

Learn more and order the book

New global investment management cost survey

A new survey on cost management indicates that the recent financial crisis has left 41% of the investment management industry in the red.

Financial top performers in the industry tend to pursue structured cost reduction methodologies. A general perception across investment managers seems to be that increased cost efficiency, greater process efficiency and greater operational efficiency through automation will be important aspects of cost management in the future.

Learn more and download report

Strategic cost management with SimCorp Dimension

The publication ‘Strategic cost management with SimCorp Dimension’ discusses cost drivers, short-term versus long-term strategic cost management as well as relevant IT architectural considerations in relation to investment management processing.

Furthermore, SimCorp Dimension is presented as a strategic solution across the front, middle and back office to address the cost challenges faced by investment managers, in order to help them achieve and sustain a competitive advantage.
 
Download the publication to learn more about strategic cost management

White paper on straight-through-processing

Straight-through-processing is not only about efficiently moving data. A coherent and consolidated system infrastructure is required to support modern investment management operations. Achieving and sustaining a competitive advantage takes cost efficiency, greater process efficiency and greater operational efficiency through automation.

This white paper presents an architecture designed exactly to resolve this fundamental issue – the consolidated investment management system based on one single data architecture: SimCorp Dimension.

Download white paper and learn how to profit through efficiency

White paper on operational risk

Mistakes, errors and other unfortunate consequences caused by operational risk related to an organisation’s technological platform can be costly. Operational risk management has become an area of increasing focus for financial institutions.

This white paper lists operational risks and mitigating actions relating to an IT operating platform. It puts forward suggestions for solutions offered by SimCorp Dimension which has been designed to help organisations reduce cost.

Download white paper about identifying and mitigating operational risk

Learn more about strategic cost management in the Journal of Applied IT and Investment Management


The current volume of the quarterly journal includes articles, survey findings, news, insights and updates on regulations and research which all contribute to investigating strategic cost management.

Industry experts and academics provide insights on subject like costs, productivity, and operational risk in a more regulated global investment management industry.

Read the articles and subscribe to the journal