SimCorp has released version 5.5 of its flagship SimCorp Dimension investment management solution. This is the first of two upgrades planned for 2014.
The enhancements will provide SimCorp Dimension front office users ready access to risk and performance figures for calculations, which both automatically update when investment parameters are changed.
This will equip the front office to make better-informed investment decisions more rapidly in response to shifting market conditions, without waiting for the middle office to supply data. In addition, it will increase automation in the front office, reducing the risk of manual errors and improving efficiency through speed and accuracy.
The integration of middle office metrics into the front office solution has been introduced in response to client demand and in line with the growing pressure on the front office to quickly determine the risk and performance implications of actions such as new investment strategies and rebalancing of investment portfolios. Simulated risk projections will be available in seconds to portfolio managers with stress tests built into compliance processes to minimise operational risk.
An enhanced, comprehensive fixed income workflow has also been incorporated into the Order Manager, given the continued investor interest in the asset class and potential market shifts predicted in 2014.
“With markets moving faster than ever, it is essential that the front office have all the tools they need to make well-informed investment decisions on behalf of their clients,” said Klaus Holse, CEO, SimCorp. “This was our goal when we began creating SimCorp Dimension Version 5.5, and we will continue to build integrated functionality to help investment managers stay ahead of the competition.”
Enquiries regarding this announcement should be addressed to:
Anders Crillesen, SimCorp Corporate Communications (+ 45 3544 6474)
Sophia Morrell, Greentarget, (+ 44 207 324 5487, [email protected])
Since 1971, SimCorp has been providing investment and portfolio management software and services to the world’s leading investment managers, asset managers, fund managers, fund administrators, pension funds, insurance funds and wealth managers. SimCorp’s world-class software provides global financial organizations with the tools they need to mitigate risk, reduce cost and enable growth. SimCorp is a global company, regionally covering all of Europe, North America and Asia Pacific. Listed on the NASDAQ OMX Copenhagen, SimCorp is dedicated to supporting the global investment management industry, its clients and its investors. For more information about SimCorp’s products, please visit www.simcorp.com/solutions.