SimCorp Coric Release 16.0 Simplifies the Creation and Maintenance of Web-Based Client Communications

Enhanced SimCorp Coric online reporting tools pave the way for greater productivity and reduced client reporting maintenance costs for wealth and asset managers.

SimCorp, a leading provider of investment management solutions and services for the global financial services industry has released a new version of SimCorp Coric, its award-winning client communications and reporting solution. This is the second of two upgrades released in 2015.

In this latest release, SimCorp Coric Web Reporter enhancements allow business users to create web sites and webpages faster, more efficiently, and without IT assistance, which reduces production times and enables more responsive client service.

Enhancements to Microsoft Excel-based report production enable business users working within SimCorp Coric’s Layout Builder to create visually rich and versatile Excel output. Furthermore, users of Layout Builder now have greater control over the manipulation of Excel data, which lessens the need for multiple layouts and reduces maintenance.

Other notable features of SimCorp Coric release 16.0 are:

• Introduction of a custom color palette that greatly extends the choice of standard and custom colors available to the business user, when creating report layouts.
• Report scheduling enhancements, which shorten processing times and reduce maintenance. Less bespoke scheduling is required, thereby minimizing the degree of workflow involved, and shortening the report generation process.
• Improvements in the quality and availability of training documents, allowing users to undertake self-training, as required.

“The aim of the SimCorp Coric road map is to provide our seventy-four global clients with competitive advantage through client reporting automation and the provision of user-friendly digital report generation tools,” says Damian Bryan, Chief Operating Officer at SimCorp Coric. “This latest release empowers wealth and asset managers to further reduce production and maintenance costs, and to deliver a much richer and engaging level of client service.”

Enquiries regarding this announcement should be addressed to:
Nicola Cowburn, SimCorp Coric Global Marketing, +44 (0)20 7260 1882

About SimCorp
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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organizations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.