SimCorp, a leading provider of investment management solutions and services for the global financial industry, today announced winning the “Best Fund Manager System” in the collateral management category of the 2013 Global Custodian Awards for Excellence. Coming on the heels of a recent Buy-Side Technology Awards win, this recognition further highlights SimCorp as a leader in state-of-the-art investment management solutions designed to meet the growing needs of buy-side firms globally.
“Volatility in today’s financial markets, increased trading volumes, complex instrument types and uncertainty about the credit environment have heightened awareness of counterparty credit risk. This has pushed collateral management to the top of many institutions’ lists of priorities,” explains Klaus Holse, CEO at SimCorp. “We at SimCorp are honored to have our innovative work in the collateral management space recognized by Global Custodian with this award.”
SimCorp Dimension allows firms to take full control of the collateral management process by leveraging a solution that is seamlessly integrated within their investment and accounting books of record and provides online position views and real-time margin call functionality.
Holse continues, “A distinguishing trait of SimCorp is that we release new versions of SimCorp Dimension twice a year, every year, with new and enhanced features that reflect the evolving needs of both our customers and the market. By constantly evolving the solution, SimCorp Dimension continues to be an agent of change for firms across the globe.”
SimCorp Dimension is one of the very few solutions in the market to be built on a single optimized database that holds all portfolio data in one location across all asset classes, products and strategies. SimCorp Dimension’s ability to centralize positions and transactions across a firm’s entire book of business is extremely important for the accuracy of investment processes dependent on portfolio accounting data such as striking NAVs, performance measurement, exposure monitoring and stakeholder reporting.
Enquiries regarding this announcement should be addressed to:
Susan Peter, SimCorp North America , +1 917-546-4654
Since 1971, SimCorp has been providing investment and portfolio management software and services to the world’s leading investment managers, asset managers, fund managers, fund administrators, pension funds, insurance funds and wealth managers. SimCorp’s world-class software provides global financial organizations with the tools they need to mitigate risk, reduce cost and enable growth. SimCorp is a global company, regionally covering all of Europe, North America and Asia Pacific. Listed on the NASDAQ OMX Copenhagen, SimCorp is dedicated to supporting the global investment management industry, its clients and its investors. For more information about SimCorp’s products, please visit www.simcorp.com/product.