Wachovia selects SimCorp Dimension

SimCorp announces today that it will provide support to Wachovia's foreign bond back office operations of its Portfolio Desk.

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

SimCorp's investment management system, SimCorp Dimension, will cover accounting for foreign bond and foreign exchange transactions, position and regulatory reporting, processing of pricing information and pay down information for foreign mortgage backed securities.

The system will furthermore provide reconciliation and position information to the front office portfolio desk.

Wachovia has researched a broad range of systems but determined that SimCorp Dimension was the only system that met its requirements in terms of both functionality and instrument coverage.

Sponsored [Report] The Future of Cross Border Payments 2026: Strategies for Success – A Sibos Special Edition

Comments: (0)

[Webinar] Modernising for what’s next: Data-led Innovation in Financial ServicesFinextra Promoted[Webinar] Modernising for what’s next: Data-led Innovation in Financial Services