SimCorp launches new IBOR knowledge centre

Source: SimCorp

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced the launch of a new IBOR portal.

The portal provides a comprehensive overview of the requirements and benefits of the Investment Book of Record, including case stories and industry insights.

Today, having a comprehensive IBOR in place is being recognized as one of the most critical parts of running a successful investment management business. 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.

As a direct response, SimCorp has established an IBOR portal to provide asset owners a one-stop shop for knowledge about the IBOR. Among other things, the portal offers valuable insights on the benefits of an IBOR from industry thought leaders including those who have already made the move to an IBOR-centric investment system. Further, recorded webinars and articles on the subject are available on the portal, along with a list of 10 key requirements for investment management firms seeking to implement an IBOR.

From an organizational perspective, an IBOR is the golden copy that provides the data foundation and operational capabilities necessary to expand into new asset classes and investment strategies, and to comply with the onslaught of regulatory reforms.

“With the launch of the IBOR portal, SimCorp offers a go-to forum for knowledge and expertise on IBOR,” says Klaus Holse, CEO at SimCorp. “The IBOR helps investment management organizations to better focus on their core business, and without an IBOR solution, the front-office will either work off partial or out-of-date data or maintain IBOR figures manually. That is not only time consuming, but also inefficient and expensive.”

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