22 March 2018

SimCorp connects Dimension platform to FIX City's ioinet messaging system

20 April 2004  |  956 views  |  0

SimCorp has linked its investment management platform, SimCorp Dimension with FIX CITY's revolutionary ioinet pre-trade messaging system for IOIs and Trade Advertisements. This new link completes SimCorp Dimension's front office FIX capabilities.

FIX CITY's ioinet was developed with considerable feedback from both buy and sell-side firms. The link to ioinet enables buy-side dealers to receive IOIs and Trade Advertisements from a range of selected sell-side traders through a secure website accessible from within their investment management system.

The interface with ioinet completes the order lifecycle in SimCorp Dimension, SimCorp's fully integrated front-to-back investment management software, and it is available in the current release.

"Our customers will now be able to receive IOIs electronically, create watch lists and respond to their brokers via the FIX protocol" explains Natasha Bonner-Fomes, SimCorp's order management domain manager: "That means that the order process in SimCorp Dimension is now fully supported from initial interest, through dealing and allocation and on into settlement, with no need to re-key or enter data that is already available in electronic form elsewhere."

"We offer a unique IOI service designed by dealers for dealers," says Amy Muddimer, director at FIX CITY. "ioinet is an ideal external service to link into an order management system, making full use of its user-friendly interface. This is an exciting beginning to our relationship with SimCorp and we look forward to the future."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
www.currencycloud.comvisit www.ebaday.com

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
13638 views 0 | 6 tweets | 4 linkedin
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
11037 views comments | 32 tweets | 40 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
10772 views comments | 14 tweets | 33 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
10485 views comments | 12 tweets | 23 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
9891 views comments | 14 tweets | 29 linkedin

Featured job

London, UK (or flexible)

Find your next job