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Risk Management

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SimCorp Releases New Version of Investment Management Solution

The new release introduces full 64-bit application support, enabling improvements in data processing capability among other improvements.

SimCorp released version 5.0 of its integrated enterprise solution for investment management, SimCorp Dimension. The new release introduces full 64-bit application support, enabling improvements in data processing capability and enhanced functionality for credit risk calculation, collateral management. "As the industry is still trying to recover from the financial crisis, many investment management firms are looking to increase system stability and position themselves for future growth. Faced with increasing demands for greater transparency and mounting regulatory requirements, firms are in need of better performance and data processing capacity," comments Torben Munch, COO of SimCorp.

"With the latest release of SimCorp Dimension version 5.0, we introduce native 64-bit application support, which enables even the most demanding clients to grow without any technology restrictions," he added.

Version 5.0 of SimCorp Dimension also introduces a number of key developments and enhancements across the front-, middle- and back-office. These include a new credit risk calculation module that facilitates calculation of P/L in case of counterparty default across all holdings. Clients can combine all default exposures in one calculation without having to interface or reconcile with other systems. Other improvements include automated performance-based fee calculations: The equalization method automates equalization of performance fee accruals, secures compliance with legal requirements and treats investors fairly. Elsewhere, a new cash viewer consolidates cash balance information allowing clients to manage cash much more efficiently as well as determine implications of investment strategies and simulations in real-time. Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

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