SimCorp Dimension Academy

The Academy is a comprehensive training program encompassing the core concepts inherent in each functional area within finance, inclusive of front-office, middle-office and back-office functions. The Academy focuses on the functionality, procedures and necessary tools for implementing and integrating SimCorp Dimension.

Read the full course description further down on this page.

 

Course date:
September 9 - 27, 2024

Location: 
SimCorp A/S, Copenhagen

Course/course material language:
English

Duration:
3 weeks
Daily training hours: 9:00-17:00 CET (last day until 14:00)

Course Fee:
EUR 11.250 (Excl. VAT)

Food Service (breakfast/lunch/breaks) is included for onsite participants.
Course materials are provided in soft copy.

Terms and conditions for courses

 




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A receipt of your enrollment application has been sent to you by email.
Your enrollment is subject to approval by SimCorp and is finally confirmed when you receive a confirmation by email from the appropriate training facility
Confirmation emails are sent no later than three weeks prior to course start.
Please do not hesitate to contact [email protected] if you have further questions.

Deep dive into the full description

Description

The SimCorp Dimension Academy is a com- prehensive training program encompassing the core concepts inherent in each func- tional area within finance, inclusive of front office, middle office, and back office func- tions. The Academy focuses on the func- tionality, procedures, and necessary tools for implementing and integrating SimCorp Dimension.

The objective of the course is to equip participants with standard implementation tools, provide an overview of the SimCorp Dimension implementation process, and build up the participants’ competence to optimally adopt SimCorp Dimension in daily tasks.

The Academy is a three-week, full-time training pro- gram. The first two weeks incorporate financial and technical principles within the SimCorp Dimension environment. The training alternates between instruc- tor presentations and hands-on exercises. Participants are then expected to complete a short implementation project assignment. The course concludes with a test.

The course is a mixture of instructor-led presentations, demonstrations in SimCorp Dimension, and hands-on exercises.

Target audience

This course is relevant to all people that participate in the implementation of SimCorp Dimension or parts of this software system, and/or users that have broad responsibilities in relation to the system, such as functional/ application supporters, developers, quality assurance specialists, system managers, sys- tem operators, and IT staff that might need to change configurations of various batch jobs or services within the system.

All new employees in SimCorp with a function related to SimCorp Dimension participate in this training program.

Prerequisites

Financial knowledge is an advantage. No prior system knowledge is required.

Course duration

The SimCorp Dimension Academy is a 3-week full-time training program. During the first 10 days, the daily schedule is from 09:00 – 17:00. During the assignment, students manage their own time schedule. The last day of the Academy the course finishes at approx. 14:00

Day 11-14 – Assignment and Recap
Students work in small teams with a case study. The work is done in a SimCorp Dimen- sion training installation. Trainers provide support, but students are encouraged to apply the knowledge they have acquired during the first 10 days of the Academy and take respon- sibility for an operational solution. We wrap up with a recap, the format may differ depending on number of participants.

Day 15 – Test
3-hour multiple choice test. The test consist of 75 questions and is open book; meaning that students have access to their instal- lation and their training binders during the test.
Celebration and finish.



Introduction

  • General introduction to SimCorp Dimension Academy
  • Introduction to SimCorp Dimension
  • SimCorp clients
  • Access to SimCorps training cloud
  • Navigation in SimCorp Dimension
  • Business flow and transactions
  • Transaction process
  • Core concepts
  • Static Data of Securities

Front Office

  • Introduction to Front Office
  • Asset Manager
  • Order Manager
  • Pricing and Market Data
  • Integrated Investment Processing

Front and Middle Office

  • Introduction to Compliance
  • Compliance Manager
  • Risk Management based on stress test
  • Performance Measurement

Operations

  • Example of a Business Workflow • Settlement
  • Settlement defaults
  • Cost defaults
  • Safekeeping
  • Safekeeping transactions

Static Data and Valuations

  • Static Data of Contracts • Fund Accounting
  • Portfolio Calculation
  • Cash Management

General Reconciliation & Alternative Investments

  • General Reconciliation - Holdings
  • Alternative Investment

Accounting

  • Financial Accounting Frameworks
  • Holdings structure
  • Financial Accounting – Adjustments (Mark-to market) • General Ledger

  • 2024 Global Course Catelogue

2024 Global course catalogue

Get the latest course calendar and plan your SimCorp solutions education.