Copenhagen-based SimCorp has released a new version of its front-to-back-office investment management platform that offers enhanced collateral management.
Version 5.3 of the tech company’s platform, “SimCorp Dimension”, includes reverse stress testing for increased risk management; collateral substitution, which enables better forecasting and improved control, and separation of compliance information.
The introduction of new reverse stress testing includes relevant loss scenarios and intuitive tables and charts. In the settlement area, the newly streamlined collateral substitution process allows users to reduce collateral shortfalls.
Users can forecast events on outstanding collateral, “which improves control over the collateral substitution process,” said a statement from the firm.
SimCorp’s CEO Klaus Holse said: “SimCorp Dimension version 5.3 brings increased value to our clients. Among many new features, this latest version includes comprehensive usability improvements as well as updated regulatory compliance capabilities. Unrivalled by our competitors, SimCorp continues to invest more than 22 percent of annual revenue in a single product, SimCorp Dimension. This demonstrates our continued commitment to providing our clients the solutions needed to generate alpha and outperform their competitors.”
The next version of SimCorp Dimension will be released in August 2013.
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