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SimCorp releases version 4.6 of SimCorp Dimension

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As a result of spending more than 100,000 man-hours over the past six months,
financial software provider SimCorp is now releasing a new version of its
enterprise solution, SimCorp Dimension. In line with the strategic agenda of
the investment management industry, a significant part of the enhanced and new
functionality introduced in version 4.6 is aimed at helping investment
management institutions rationalise, simplify and automate work processes. 
 
In an increasingly complex investment management environment, in which
reduction of labour-intensive work processes is crucial, financial institutions
need to look for ways to sustain lower cost levels without sacrificing
business flexibility and scalability. 

Alleviate work processes in front, middle and back office 
Over the past six months, SimCorp has developed a vast range of new
functionality and enhancements available in version 4.6 of SimCorp Dimension.
New functionality in SimCorp Dimension version 4.6 will help SimCorp's clients
to further rationalise, simplify and automate current work processes. This
semi-annual release of SimCorp Dimension will, among other functionality,
include: 

• Improved control and transparency in the reconciliation process
• Automation of the entire fund processing workflow with the addition of
several new fund events 
• Automated theoretical pricing process and a reduced dependency on brokers
• Increased control in the accounting area through automation when reversing a
transaction 
• Improved collateral management functionality

SimCorp moves competences and expertise closer to its clients 
While other business may cut costs by outsourcing their support activities and
hence increase the distance between the client and the consultant, SimCorp is
committed to delivering extraordinary support and has made a strategic decision
to move competences and expertise closer to clients. 

“SimCorp's clients can expect increased focus on their business needs from
their local SimCorp customer service provider”, says Executive Vice President
of SimCorp, Torben Munch. “As a result, improved communication will ensure a
high-quality response to any service request as early as possible. Soon, a
shorter lead-time, more robust deliveries and improved communication will
benefit all clients' businesses”. 

Would you like to know more? Watch the release 4.6 video-on-demand
For an on-demand ‘guided tour' of SimCorp Dimension version 4.6, packed with
new features and benefits, please visit www.simcorp.com/release46. 

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Enquiries regarding this announcement should be addressed to:       
Lars Bjørn Falkenberg, Vice President, Head of Global Marketing, SimCorp A/S
(+45 35 44 88 00 / +45 26 30 01 27)

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SimCorp
SimCorp is a leading provider of highly specialised software and know-how for
the financial sector. Established in 1971, with approximately 1,100 employees,
SimCorp is listed on the NASDAQ OMX Copenhagen A/S. The SimCorp system, SimCorp
Dimension, is sold, implemented and supported by the head office in Copenhagen
and subsidiaries and branches in Amsterdam, Brussels, Frankfurt, Hong Kong,
Kiev, London, Los Angeles, Munich, New York, Oslo, Paris, Stockholm, Sydney,
Toronto, Vienna and Zurich.

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