SimCorp has released version 4.3 of its investment management system, SimCorp Dimension.
The release features significant advantages across the system that enable SimCorp Dimension users to become more competitive by reducing costs and increasing efficiencies in workflows across departments.
The release is part of SimCorp's half-yearly release schedule and introduces both new functionality and system enhancements - from front to back office functionality. The release strategy is part of SimCorp's commitment to staying ahead of changes in the market and clients' needs.
In the front office area, Portfolio Workbench, the portfolio management module for the front office, has been enhanced. It comes with a new graphic user interface and allows customization to fit individual workflows, company terminology and more.
In the middle office area new functionality is introduced to ease e.g. the risk reporting process just as new analytical tools have been added. Users will also experience significant improvements in the back office area, where - among other things - securities operations have been enhanced within reallocation, netting and the next generation corporate actions functionality automating the corporate action workflow.
"SimCorp Dimension allows companies to become more competitive with the reduction of operational costs and increased transparency for both customers and authorities," says Senior Vice President at SimCorp, Michael H. Andersen. "SimCorp has increased its investment in R&D by more than 30% in the past year to further enhance the functionality of SimCorp Dimension. Because of its flexibility, SimCorp Dimension meets the needs of all investment managers and combines broad system coverage with consistency of design and operation."