21 April 2018
https://www.avoka.com

SimCorp hooks up to FX Connect

13 September 2016  |  1655 views  |  0 Source: SimCorp

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that it has enhanced its partnership with FX Connect to provide SimCorp Dimension users with full foreign exchange netting capabilities.

SimCorp leverages FX Connect’s cross-currency netting capabilities to enable its clients to seamlessly block, net and subsequently compress large, multi-currency, multi-value date blotters. FX Connect also provides a full suite of flexible execution options tailored to the asset management community.

With seamless integration to the Order Manager module of SimCorp’s Dimension, SimCorp’s clients can enjoy a robust and automated end-to-end FX execution process, which allows them to create operational efficiencies while at the same time reducing trading costs.

“Buy-side firms using SimCorp Dimension are generally looking for a simple setup with smooth, highly integrated and automated workflows across the system. The enhanced partnership with FX Connect is yet another step in that direction, enabling efficient processing of foreign exchange trades via a market-leading execution venue,” says Brent Rossum, Director, Front Office Product Management at SimCorp.

Lora Britko, Managing Director and Head of FX Connect comments: “FX Connect celebrated its 20th anniversary this year and our enhanced partnership with SimCorp is an excellent example of the client-centric work we have been carrying out for more than two decades. Increasingly so, our shared clients are looking for ways to increase efficiencies and reduce costs associated with FX execution. Our integration with SimCorp Dimension coupled with our proprietary technology means that mutual clients have access to unrivalled automation and execution flexibility.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.nextgenbanking.co.ukVisit https://aciworldwide.webex.com

Top topics

Most viewed Most shared
Top tier banks pass first transactions on trade finance blockchainTop tier banks pass first transactions on...
10460 views comments | 19 tweets | 26 linkedin
Revolut launches spare change savings toolRevolut launches spare change savings tool
9805 views comments | 14 tweets | 19 linkedin
TransferWise becomes first non-bank to open settlement account with BofE RTGSTransferWise becomes first non-bank to ope...
9707 views comments | 18 tweets | 32 linkedin
Barclays Bank sets up tech venture unitBarclays Bank sets up tech venture unit
8847 views comments | 16 tweets | 22 linkedin
Goldman Sachs acquires PFM startup Clarity MoneyGoldman Sachs acquires PFM startup Clarity...
8320 views comments | 9 tweets | 10 linkedin

Featured job

Basic c. EUR 90K OTE c. EUR 180K plus full bene...
Paris (preferred) or London

Find your next job