SimCorp Dimension Release 5.8 Introduces the IBOR Manager
The IBOR Manager provides users with accurate and up-to-date positions, which allow for improved operational efficiency as well as faster on-boarding of new clients.
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has released SimCorp Dimension version 5.8, the second of its two annual software releases.
The release introduces, among other items, the new IBOR Manager. With a broadening range of securities and investment strategies in play, the requirement to have a holistic and complete view of the risks and potential outcomes associated with any action has become essential. Today, having a comprehensive IBOR in place is recognized as one of the most critical parts of running a successful investment management business.
SimCorp’s IBOR Manager provides accurate, up-to-date positions, operational efficiencies and on-demand access to portfolio calculations across all asset classes. It further allows for faster on-boarding of new clients, and scaling business while controlling costs.
Other notable aspects of version 5.8:
- In the Front Office, new widgets are introduced in the Order Manager Dashboard to assist traders when dealing with orders in infrequently traded or illiquid securities by providing a view of the trading history of a specific security or group of securities.
- With the Performance Manager in the Middle Office, clients can now define sponsor benchmarks independently of associated portfolio benchmarks and the RiskMetrics integration has been further enhanced for an even smoother integration.
- A new Back Office module allows clients to get a real-time view of eligible collateral in the Collateral Manager Dashboard.
“The release of SimCorp Dimension version 5.8 further boosts SimCorp’s strong position as a compelling IBOR provider,” says Klaus Holse, CEO at SimCorp. “Our award winning solution provides the front office with real-time, reliable position data for the best possible management of investment portfolios.”
The next version of SimCorp Dimension will be released in February 2016.
Enquiries regarding this announcement should be addressed to:
Anders Crillesen, SimCorp Corporate Communications (+ 45 3544 6474)
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.