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SimCorp updates Dimension
Financial services software provider SimCorp has released a new version of its Dimension investment management system, with two new modules covering over-the-counter instruments and securities lending and repurchase agreements.
The company, which announced the release of the new software package today, said the new automated processes were designed to improve the handling of counter-party exposure while reducing operational and market risk.
It said the new version would improve control and transparency in reconciliation processes by offering a new sales module that displays deviations between SimCorp Dimension transactions and information from external parties such as external managers or custodians.
AUTHOR
Mike Taylor
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