The PRWIRE Press Releases https:// 2015-08-10T23:00:00Z SimCorp Dimension Release 5.8 Introduces The IBOR Manager 2015-08-10T23:00:00Z simcorp-dimension-release-5-8-introduces-the-ibor-manager-1 The IBOR Manager provides users with accurate and up-to-date positions, which allow for improved operational efficiency as well as faster on-boarding of new clients.  SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has released SimCorp Dimension version 5.8, the second of its two annual software releases.   The release introduces, among other items, the new IBOR Manager. With a broadening range of securities and investment strategies in play, the requirement to have a holistic and complete view of the risks and potential outcomes associated with any action has become essential. Today, having a comprehensive IBOR in place is recognized as one of the most critical parts of running a successful investment management business.   SimCorp’s IBOR Manager provides accurate, up-to-date positions, operational efficiencies and on-demand access to portfolio calculations across all asset classes. It further allows for faster on-boarding of new clients, and scaling business while controlling costs.   Other notable aspects of version 5.8: In the Front Office, new widgets are introduced in the Order Manager Dashboard to assist traders when dealing with orders in infrequently traded or illiquid securities by providing a view of the trading history of a specific security or group of securities With the Performance Manager in the Middle Office, clients can now define sponsor benchmarks independently of associated portfolio benchmarks and the RiskMetrics integration has been further enhanced for an even smoother integration A new Back Office module allows clients to get a real-time view of eligible collateral in the Collateral Manager Dashboard. “The release of SimCorp Dimension version 5.8 further boosts SimCorp’s strong position as a compelling IBOR provider,” says Klaus Holse, CEO at SimCorp. “Our award winning solution provides the front office with real-time, reliable position data for the best possible management of investment portfolios.”   The next version of SimCorp Dimension will be released in February 2016.Enquiries regarding this announcement should be addressed to: Pamela Philip, LEWIS PR P: +61 2 8599 1000 E: pamela.philip@lewispr.com    About SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organizations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.     SimCorp Calls for Entries for the Annual Excellence Awards 2015 2015-07-22T23:46:22Z simcorp-calls-for-entries-for-the-annual-excellence-awards-2015 SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has announced the call for entries for the 2015 SimCorp Excellence Awards. The SimCorp Excellence Awards recognize innovation and outstanding performance across the global investment management industry. Ongoing challenges in the investment management industry have increased focus on risk management, cost control, and growth opportunities. Back in 2009, as a direct response, SimCorp established three awards that recognize outstanding and innovative industry leaders in their ability to respectively mitigate risk, reduce cost, and enable growth. For the seventh year in a row, SimCorp acknowledges global investment management companies that have demonstrated their excellence in meeting these individual challenges. An international panel consisting of renowned experts and thought leaders in finance, economics and applied IT will evaluate the submissions. Winners will be announced on September 10, 2015, at a ceremony in Copenhagen, where they will be recognized in front of several hundreds of their global industry peers. Previous award recipients include outstanding investment management firms such as: Challenger Limited, Dealis Fund Operations, MEAG, Nordea Savings and Asset Management, Edmond de Rothschild Asset Management as well as Alberta Investment Management Corporation. Submission deadline is August 28, 2015. Further information about the awards can be found at www.iucm15.com/awards Enquiries regarding this announcement should be addressed to: Pamela Philip, LEWIS PR P: +61 2 8559 1000 E: pamela.philip@lewispr.com SimCorp Coric Wins Coveted Systems in the City Award for Best Client Reporting Solution 2015 2015-07-14T23:00:00Z simcorp-coric-wins-coveted-systems-in-the-city-award-for-best-client-reporting-solution-2015 SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has been recognised for the outstanding quality and proven track record of its SimCorp Coric client communications and client reporting solution.   Awarded by Goodacre UK, based on evaluations of client reporting capabilities and client feedback concerning benefits realised, SimCorp Coric was judged to have achieved exceptional performance by an independent panel of investment management experts. The award was presented by ITN News presenter and journalist, Mary Nightingale.   Since 1999 SimCorp Coric has delivered enterprise-scale client communications solutions to more than seventy private wealth and institutional asset management firms globally, enabling them to improve client service, enrich client experience, and gain operational efficiency through client reporting automation.   SimCorp Coric empowers client services staff to create personalised, marketing-quality client reports, fund fact sheets, client meeting packs, presentations and other client communications, without recourse to IT, on a regular or ad-hoc basis. These communications can be published online, via dynamic web portals, to any mobile device or as paper-based documents.   According to Stephen Pinner, Managing Director at Goodacre UK, “IT is now a vital component to the regulated financial industry. The companies and individuals responsible for the provision of these services are very much the unsung heroes of the investment business. These Awards recognise their efforts, ingenuity, and innovation.”   Receiving the award on behalf of SimCorp, Nicola Cowburn, Vice President, Global Marketing at SimCorp Coric, said: "Our ongoing award success is a credit to the dedication and expertise of our staff, and the long-standing relationships we forge with clients. SimCorp Coric clients are actively involved in shaping the evolution of our product roadmap, through regular user groups, workshops and forums. As a result we have developed a functionality-rich, highly relevant solution that has proven return on investment.”Enquiries regarding this announcement should be addressed to: Pamela Philip, LEWIS PR P: +61 2 8599 1000 E: pamela.philip@lewispr.com  About SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organisations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com Trillions of assets still managed on outdated legacy systems finds SimCorp report 2015-06-01T23:00:00Z trillions-of-assets-still-managed-on-outdated-legacy-systems-finds-simcorp-report SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today published a report, Legacy systems: The elephant in the room. Why investment management firms need to tackle the issue head-on, which presents new findings from analysts and industry experts showing the investment management industry's continued over-reliance on technology that is not fit for purpose. The report finds that many firms’ existing systems are struggling to adapt to new demands and that asset managers are putting their investments at risk and the industry’s reputation on the line with trillions of USD assets being managed on outdated systems. Meanwhile, the volume of trading data is growing at an unprecedented rate, increasing by an average of 60% every year.  The report states that investing in up-to-date systems has become an imperative for the buy side. Regulators globally are imposing more stringent requirements and there is increased client demand for transparency and more trading in esoteric asset classes and geographic markets. Further, asset managers are under pressure to cut costs while delivering higher profits to shareholders. “The frenetic pace of change in the industry is not conducive to continued usage of legacy systems,” said Klaus Holse, CEO at SimCorp. “Firms run the risk of discovering that their IT infrastructure becomes a Gordian knot that becomes too difficult to untangle. Legacy systems were built for simpler processes and simpler times.” Asset managers are typically not investing in new systems because project length often surpasses the typical term served by a Chief Information Officer making “rip-and-replace” a last resort. State-of-the-art systems can be seen as a threat to job security and the status quo. However, legacy systems are the primary driver of manual processes, which heighten operational risk, raise processing times and hinder business growth. The report amalgamates findings from various sources including a 2014 CEB Tower Group report, which found that over 50% of financial services executives indicated that their IT infrastructure dated from 2007 or earlier; a March 2015 Funds Europe survey which found over 60% of asset managers invest in technology to increase operational efficiency; and the 2014 Gartner IT Key Metrics Data which found that 80% of financial services institutions’ IT budgets are spent on maintenance and workarounds rather than improvements. The report concludes that legacy systems not only result in a higher degree of manual processes but they also create the need to build interfaces and additional system layers to fill in gaps. Further, creating new workarounds and spreadsheet-based solutions have potentially dire consequences such as a greater chance of trade failures and related errors. Klaus Holse continued: "With regulators in the US and the UK issuing huge fines last year which can be directly linked to what they describe as inadequate IT systems, the financial consequences of failing to invest in new technology are all too clear." To read the full report, please click here.Enquiries regarding this announcement should be addressed to: Pamela Philip, LEWIS PR P: +61 2 8599 1000 E: pamela.philip@lewispr.com  About SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organisations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com Hong Kong hedge fund embraces SimCorp’s front office 2015-05-25T23:00:00Z hong-kong-hedge-fund-embraces-simcorp-s-front-office SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that LIM Advisors Limited, a Hong Kong based fund manager, has signed a milestone agreement to utilise SimCorp Dimension for a full front, middle and back office platform. The US$2 billion fund manager will leverage SimCorp Dimension to establish full operational capability across multiple asset classes, including equity, bonds, convertibles, listed futures & options and derivatives. The agreement involves implementing SimCorp's state-of-the-art front office environment for order management, portfolio management, trading and compliance as well as performance and risk management. This win further strengthens SimCorp¹s market leading position in the front office and is based on the award winning integrated investment book of record platform. "After an extensive search, we selected SimCorp from a range of competing solutions. For our firm, implementing a single front-to-back office system will simplify our architecture and allow us to make substantial improvements in operational processes and efficiencies, while providing us with clear and fast information throughout the key front, back and middle office functions," said George Long, founder and CIO of LIM Advisors. The SimCorp team will deploy the full suite of SimCorp's services with immediate effect. "We are delighted to have an established client in Asia recognise our ongoing commitment to innovation and provision of the best investment technology solutions in the market. With SimCorp Dimension, the front-to-back office technology is designed to simplify a firm's technological landscape yet equip it to monitor all processes and manage resultant risks," said Nick Quin, Managing Director of SimCorp Asia. "With LIM Advisors joining our front office client base, it is testament that our offering is indeed market leading." - - - LIM Advisors Limited is a SimCorp client since 2001 - - -Enquiries regarding this announcement should be addressed to: Christian Eriksen, SimCorp Asia Pty. Ltd., +61 2 9240 3524 Pamela Philip, LEWIS PR, +61 2 8599 1013 - - -LIM Advisors LIM Advisors was founded by George Long in 1995. The firm, managing approx. US$2bn, is based in Hong Kong and has a wide regional coverage with additional research offices in Tokyo and Beijing. LIM Advisors employs a multi-strategy investment approach across the Asian region with a focus on low equity directionality and controlled risks. Further information is available at http://www.limadvisors.com SimCorp Dimension Wins FTF’s 2015 Technology Innovation Award for ‘Best IBOR Solution’ 2015-04-30T23:00:00Z simcorp-dimension-wins-ftf-s-2015-technology-innovation-award-for-best-ibor-solution SimCorp, a leading provider of investment and portfolio management software and services for the global financial services industry today announced that it has won the 2015 Technology Innovation Award from FTF in the category of ‘Best IBOR Solution.’ This is the first time that a category for IBOR, or the investment book of record, has been included in the awards. SimCorp Dimension’s IBOR puts timely, accurate and actionable information in the hands of investment professionals – the real drivers of investment performance. The solution supports virtually all product types, jurisdictions and asset types allowing clients to invest in what they want, distribute how they want, in any market around the world. The IBOR addresses the needs of multiple stakeholders across the investment management lifecycle allowing investment professionals to make the best-informed investment decisions, risk managers to derive the most accurate exposure calculations and the client services to respond quickly to requests from clients. Additionally, SimCorp Dimension’s unrivalled instrument coverage coupled with support for multiple currencies and multiple accounting frameworks ensures firms are able to on-board and seamlessly integrate position data for any new products into the IBOR. “Being recognised as the best IBOR solution provider is a huge honor, especially since we believe a well designed and implemented IBOR solution is the platform on and through which investment managers can execute their business strategy,” said Marc Mallett, Vice President of Product and Managed Services, SimCorp North America. “Many firms today find themselves focusing on data integration and reconciliation challenges, weaknesses in their current operating models. A truly integrated IBOR solution eliminates these issues and allows investment managers to focus on what really matters: evaluating investment opportunities, monitoring risk and servicing clients – not reconciling one internal system to another. ” “We had more than 250 nominations overall and nearly 10,000 votes, making this year’s awards season the most competitive FTF has ever seen,” said Maureen Lowe, Founder and President of FTF. “The winners should all be congratulated for their hard work and achievements in 2014 as there are so many great companies with excellent products facing tough competition in the Ops space. So, to be recognised as being the best by the industry itself is something to be truly proud of. We are very much looking forward to celebrating with the award winners, their clients and industry participants at the Rainbow Room in New York City on June 2 following the close of FTF’s two-day SecOps USA conference.” - - -About Financial Technologies Forum: Financial Technologies Forum, LLC (FTF) is the place to learn from, market to and interact with the people and companies that are driving the post-trade processing industry. As with all information-based industries, trade processing is in a state of rapid change. New regulations, market pressures, new types of securities — not to mention the accelerating changes in technology — have made it more and more difficult to keep current, much less get ahead of the curve. FTF is committed to being a timely and reliable source for thought-leading opinions and insights, valuable news and effective training for everyone in post-execution operations. For vendors to this industry, our forum provides an efficient, cost-effective platform from which to generate top-of-mind awareness among their target markets via content marketing, sponsorships, webinars, advertising and much more. Come, be part of the FTF community at www.ftfnews.comAbout SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organisations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com SimCorp, a leading provider of investment and portfolio management software and services for the global financial services industry today announced that it has won the 2015 Technology Innovation Award from FTF in the category of ‘Best IBOR Solution.’ This is the first time that a category for IBOR, or the investment book of record, has been included in the awards. SimCorp Dimension’s IBOR puts timely, accurate and actionable information in the hands of investment professionals – the real drivers of investment performance. The solution supports virtually all product types, jurisdictions and asset types allowing clients to invest in what they want, distribute how they want, in any market around the world. The IBOR addresses the needs of multiple stakeholders across the investment management lifecycle allowing investment professionals to make the best-informed investment decisions, risk managers to derive the most accurate exposure calculations and the client services to respond quickly to requests from clients. Additionally, SimCorp Dimension’s unrivalled instrument coverage coupled with support for multiple currencies and multiple accounting frameworks ensures firms are able to on-board and seamlessly integrate position data for any new products into the IBOR. “Being recognised as the best IBOR solution provider is a huge honor, especially since we believe a well designed and implemented IBOR solution is the platform on and through which investment managers can execute their business strategy,” said Marc Mallett, Vice President of Product and Managed Services, SimCorp North America. “Many firms today find themselves focusing on data integration and reconciliation challenges, weaknesses in their current operating models. A truly integrated IBOR solution eliminates these issues and allows investment managers to focus on what really matters: evaluating investment opportunities, monitoring risk and servicing clients – not reconciling one internal system to another. ” “We had more than 250 nominations overall and nearly 10,000 votes, making this year’s awards season the most competitive FTF has ever seen,” said Maureen Lowe, Founder and President of FTF. “The winners should all be congratulated for their hard work and achievements in 2014 as there are so many great companies with excellent products facing tough competition in the Ops space. So, to be recognised as being the best by the industry itself is something to be truly proud of. We are very much looking forward to celebrating with the award winners, their clients and industry participants at the Rainbow Room in New York City on June 2 following the close of FTF’s two-day SecOps USA conference.” - - -About Financial Technologies Forum: Financial Technologies Forum, LLC (FTF) is the place to learn from, market to and interact with the people and companies that are driving the post-trade processing industry. As with all information-based industries, trade processing is in a state of rapid change. New regulations, market pressures, new types of securities — not to mention the accelerating changes in technology — have made it more and more difficult to keep current, much less get ahead of the curve. FTF is committed to being a timely and reliable source for thought-leading opinions and insights, valuable news and effective training for everyone in post-execution operations. For vendors to this industry, our forum provides an efficient, cost-effective platform from which to generate top-of-mind awareness among their target markets via content marketing, sponsorships, webinars, advertising and much more. Come, be part of the FTF community at www.ftfnews.comAbout SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organisations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com CNP Assurances uses SimCorp Dimension to optimise the management of its financial assets 2015-04-16T23:00:00Z cnp-assurances-uses-simcorp-dimension-to-optimise-the-management-of-its-financial-assets After analysing trends in the financial markets and its investment portfolio, as well as forthcoming changes to prudential regulations, such as Solvency II, CNP Assurances decided back in July 2010 to upgrade its systems and organisational structure to optimise the management of its assets. The search for the best "yield-to-risk" ratio must now be carried out in compliance with increasingly complex financial practices and regulatory requirements.    After several months of business process analyses and calls for tender, CNP Assurances entered into an agreement with SimCorp, a software solutions provider already well-established in the Northern European markets. In addition to its numerous functions and its coverage of the solution's entire value chain, SimCorp successfully leveraged its techniques and tools to meet CNP Assurances' high standards.   A SimCorp Dimension integration plan was drawn up to progressively deploy the key functions of an integrated "value chain" specifically designed for the management of assets in the insurance sector: From July 2013, decisions could be based on an advanced view of positions covering a range of asset classes and taking into account multiple accounting standards, overseen on a daily basis by a middle-office team. In April 2014, financial data production functions were added, providing an integrated view of financial results and forecasts. In January 2015, asset accounting functions were added to complete the value chain, which now extends from asset management decisions to final accounting entries. As a result, SimCorp facilitates the audit process and the reconciliation of financial and accounting data. Based on this core platform, deployed in three stages, value-adding procedures and functions have been added. Examples include asset/liability management in unit-linked funds, order placement, cash flow integration, EMIR disclosures for OTC instruments and financial performance calculations.   CNP Assurances and SimCorp invested all their financial, accounting, operational and technical expertise into this project, which continues in 2015 with the standardisation of closing procedures (“multi-close” requirements) in order to comply with Solvency II.   “The integration of SimCorp Dimension has already enabled us to standardise asset management activities while also improving the yield-to-risk ratio and adapting to changes in regulatory and prudential standards. The development of new products and services, such as high-end savings accounts and ‘euro-croissance’ contracts, has been strengthened by aligning our systems and organisational structure with the company's strategic priorities. CNP Assurances and SimCorp have invested all of their financial, accounting, operational and technical expertise into this project and are now pursuing its optimisation. We are delighted to be able to continue working with SimCorp's teams," said Michel Bois, Programmes and Information Systems Director and member of the Executive Committee at CNP Assurances.   “We are delighted to have assisted CNP Assurances, one of the leading French institutional investors, in achieving its strategic objectives for growth and operating efficiency and enabling it to adapt rapidly to regulatory changes," said Emmanuel Colson, Managing Director of SimCorp France. “The success of this very ambitious project also demonstrates the validity of the strategy that has guided SimCorp for many years. This strategy is rooted in the development of improved tools that assist all the teams involved in the asset management value chain, from the front office to the back office, within a flexible and integrated solution. CNP Assurances is the first major French institutional investor to place its trust in our company and we thank them for this. Our work with CNP Assurances also strengthens our ambitions for the French market, which plays a key role in the SimCorp group's growth strategy."  Enquiries about this announcement should be addressed to: Pamela Philip, LEWIS PR P: +61 2 8599 1000 E: pamela [dot] philip [at] lewis [dot] pr  About CNP Assurances CNP Assurances is France’s leading personal insurer with net profits of €1,080 million in 2014. The Group also has operations in other European countries and in Latin America, with a significant presence in Brazil. It has more than 28 million personal risk/protection insureds worldwide and more than 13 million savings and pensions policyholders. For 160 years, CNP Assurances has been protecting people against the risks of everyday life. The Group designs and manages life insurance, pension, personal risk insurance and protection products (term creditor insurance and health insurance). In France, CNP Assurances distributes its individual insurance products through La Banque Postale and the Caisses d’Epargne, as well as through its own network: Amétis. In Brazil, its second largest market, the Group’s partner is Caixa Econômica Federal, the country’s second-biggest state-owned bank. In group insurance, CNP Assurances crafts tailor-made personal risk, pension and term creditor insurance products that are aligned with the needs of companies, local authorities, mutual insurers, non-profit organizations, and banks in Europe and Latin America.  CNP Assurances has been listed on the Paris Stock Exchange since October 1998 (the first market) and has a stable shareholder structure thanks to the signing of an agreement between its major shareholders (Caisse des Dépôts, La Banque Postale, Groupe BPCE and the French State).  About SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organisations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com New SimCorp ROI White Paper Reveals that Failure to Automate Client Reporting is Costly and Impedes Client Service 2015-04-14T23:30:00Z new-simcorp-roi-white-paper-reveals-that-failure-to-automate-client-reporting-is-costly-and-impedes-client-service Polls conducted by SimCorp, a leading provider of investment management solutions and services for the global financial services industry, found that 90% of asset managers spend less than 20% of their time engaged with clients, in face-to-face meetings. Despite this, 63% of poll respondents have a client reporting process that is less than 50% automated. These firms are missing a vital opportunity to free time and resources that would raise engagement levels, increase client satisfaction, cut costs and boost revenues. Poll respondents – including 87 wealth and asset management firms in North America and Europe – also cited ‘time and resources required’ as the most challenging aspect of preparing pitchbooks and client meeting packs,’ with ‘availability of data’ ranked second. According to Nicola Cowburn, Vice President, Global Marketing at SimCorp Coric: “As a result of these poll findings, which highlight the fact that ‘time is money’ for wealth and asset managers, we have created a new white paper to help these firms assess the business case for client reporting. The direct cost savings that are possible through automation of the client reporting process can run into hundreds of thousands of dollars – not just once, but in every reporting cycle. Add to that the opportunity cost of empowering client services teams to increase the length, frequency, and quality of client engagements, generating revenue and nurturing loyalty rather than administering report creation and modifications, and the business case becomes truly compelling.” When questioned about provision of digital and mobile delivery, only 18% of respondents offer online portal access; less than half of the 41% of respondents that deliver reports as an attachment via email. “This is surprisingly low, considering that today’s clients expect online access and self-service capabilities as standard, enabling them to slice, dice and view data in different formats, across different media,” commented Cowburn. “The idea is to empower institutional investors and high net worth clients with highly secure self-service tools that allow routine, ad hoc, and on demand reviews. Time spent with relationship managers and advisors can then be reserved for higher quality, more forward-looking analysis and discussion.” SimCorp Coric has launched a new portal dedicated to client reporting return on investment (ROI). Visitors can download the free Client Reporting: The Business Case White Paper, watch a recording of Client Reporting ROI: The Webinar, and access other related resources at www.simcorp.com/clientreportingroiEnquiries regarding this announcement should be addressed to: Pamela Philip, LEWIS PR P: +61 2 8599 1000 E: pamela [dot] philip [at] lewispr [dot] comAbout SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organisations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com SimCorp launches comprehensive IBOR knowledge centre 2015-04-07T23:00:00Z simcorp-launches-comprehensive-ibor-knowledge-centre SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced the launch of a new IBOR portal. The portal provides a comprehensive overview of the requirements and benefits of the Investment Book of Record, including case stories and industry insights. Starting out as little more than an industry buzzword, it is now being recognised that having a comprehensive IBOR in place is one of the most critical parts of running a successful investment management business. With a broadening range of securities and investment strategies in play, the requirement to have a holistic and complete view of the risks and potential outcomes associated with any action has become essential. As a direct response, SimCorp has established an IBOR portal to provide asset owners a one-stop shop for knowledge about the IBOR. Among other things, the portal offers valuable insights on the benefits of an IBOR from a global analyst firm as well industry leaders, who have already made the move to an IBOR-centric investment system. Further, recorded webinars and articles on the subject are available on the portal, along with a list of 10 key requirements for investment management firms seeking to implement an IBOR. From an organisational perspective, an IBOR is the golden copy that provides the data foundation and operational capabilities necessary to expand into new asset classes and investment strategies, and to comply with the onslaught of regulatory reforms. "With the launch of the IBOR portal, SimCorp offers a go-to forum for knowledge and expertise on IBOR," says Klaus Holse, CEO at SimCorp. "The IBOR helps investment management organisations to better focus on their core business, and without an IBOR solution, the front-office will either work off partial or out-of-date data or maintain IBOR figures manually. That is not only time consuming, but also inefficient and expensive." For more information, visit the IBOR portal hereEnquiries regarding this announcement should be addressed to: Pamela Philip, LEWIS PR +61 2 8599 1000pamela.philip@lewispr.comAbout SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organisations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com SimCorp strengthens Asia Pacific team with two senior appointments 2015-03-29T23:00:00Z simcorp-strengthens-asia-pacific-team-with-two-senior-appointments SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced two senior appointments to drive the company’s market strategies, operations and services in the Asia Pacific region.   Roland Chui was appointed Head of Consulting Services, Asia with a mandate to lead the services team for Asia-Pacific and extend SimCorp’s market unit and overall footprint across the region.   Sean McDermott was named Sales Director, Sales and Marketing Asia and is responsible for the development and implementation of global and regional go-to-market strategies. In addition, he will facilitate sales and implementation of enterprise solutions across the Asia-Pacific region.   “Roland and Sean come with extensive experience in the industry and join us at a very exciting time here at SimCorp. With the industry grappling with business-critical issues, such as rapid changes in regulatory requirements, expanding asset classes, and client satisfaction, the importance of accurate investment position data, has topped the agenda for investment management firms,” said Nick Quin, Managing Director for Asia Pacific at SimCorp.   “We are at the forefront of being able to deliver critical and accurate information to the front office through the investment book of record (IBOR) to allow fund managers to focus on generating the superior returns that their institutional investors demand. I am certain that our high calibre candidates will be able to significantly contribute to SimCorp’s vision of continuing to provide best-in-class operating performance.”   Chui joined the company this month, following previous roles at Misys, Thomson Reuters and SunGard. Chui’s career spans 30 years in the financial services industry, and is experienced in leading professional services teams and senior stakeholder management in key markets such as Australia, China, Hong Kong, Taiwan and Japan.   Prior to joining SimCorp, McDermott spent 10 years at Calypso Technology as General Manager where he was responsible for directing sales across Asia Pacific. McDermott also led Calypso’s first-to-market solution for CCP and OTC Clearing in Australia, Japan, Hong Kong and Singapore.   “We are delighted to have the opportunity to drive change within the investment management industry in Asia Pacific. We are looking forward to leading our respective teams in building upon the foundation for the growth and expansion of our client services in each regional market,” said Ronald and Sean, in a joint statement.   Most recently, SimCorp announced it has signed a license agreement with AXA Investment Managers, a multi-expert asset management company within the AXA Group, to implement SimCorp’s investment management solution to support the firm’s front office activities, including the investment book of record (IBOR), trading, order and portfolio management, compliance, performance risk, and corporate action management.  Enquiries regarding this announcement should be addressed to: Pamela Philip, LEWIS PR P: +61 2 8599 1000 E: pamela.philip@lewispr.com  About SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organisations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com AXA Investment Managers selects SimCorp Dimension 2015-02-24T23:00:00Z axa-investment-managers-selects-simcorp-dimension SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has announced it has signed a license agreement with AXA Investment Managers, a multi-expert asset management company within the AXA Group. AXA Investment Managers has selected SimCorp’s investment management solution to support the firm’s front office activities, including the investment book of record (IBOR), trading, order and portfolio management, compliance, performance risk, and corporate action management. With EUR 607 billion in assets under management, AXA Investment Managers is one of the largest European-based asset managers with multiple asset classes of high volume.Enquiries regarding this announcement should be addressed to: Pamela Philip, LEWIS PR +61 2 8599 1000pamela.philip@lewispr.comAbout SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organizations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com SimCorp Dimension release 5.7 further bolsters the front office suite 2015-02-12T00:30:00Z simcorp-dimension-release-5-7-further-bolsters-the-front-office-suite SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has released SimCorp Dimension version 5.7, the first of its two annual software releases. Following the financial crisis, global investment managers are increasingly looking towards consolidation in the front office, with the aim of meeting regulatory requirements, ensuring higher returns and reducing risk. Among several new functional enhancements in the front office, SimCorp Dimension makes it possible to monitor and control risk against external parties as well as enable restrictions of the combined risk tolerance from holdings, unsettled transactions, cash, and OTC trades.  Another important and unique update in release 5.7 is the new data warehouse model, which provides a standard industry model, completely maintained by SimCorp. Compared to other solutions, SimCorp’s data warehouse is easier, faster and more cost-efficient to implement and maintain. Data management and reporting are major concerns of investment managers who are struggling to meet regulatory requirements and gain real-time overview of the business. Other noteworthy aspects of version 5.7 include: Tighter integration between the front office and the IBOR allowing users access to near-real-time data on their positions and exposure New functionality to support sophisticated performance analytics in the middle office, front office or both Four new dashboards for front office and middle office providing improved overview Comprehensive US tax lot functionality A Thomson Reuters interface covering static data and prices for multiple instrument types As one of few independent software companies SimCorp continues to invest substantial resources in R&D, and annually more than 20% of revenue is invested in new developments, including additional features and functionality. “Our ongoing investment in R&D allows us to support our clients managing the numerous requirements and obligations of today’s financial industry,” says Klaus Holse, Chief Executive Officer at SimCorp. “With this latest release we are able to further support the vast data management challenge our clients are facing – not to mention the multiple benefits of combining the data warehouse and the IBOR to truly provide a comprehensive overview of the business.”  An on-demand presentation of the highlights of SimCorp Dimension Release 5.7 is available by visiting: http://www.simcorp.com/Release-5-7/highlights The next version of SimCorp Dimension will be released in August 2015.Enquiries regarding this announcement should be addressed to: Pamela Philip, LEWIS PR +61 2 8599 1000pamela.philip@lewispr.comAbout SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organizations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com. SimCorp Named Best Front-to-Back Office Provider of the Year at Funds Europe Awards 2014 2014-12-10T00:01:34Z simcorp-named-best-front-to-back-office-provider-of-the-year-at-funds-europe-awards-2014 SimCorp, a leading provider of investment management solutions and services for the global financial industry, today announced it has been named Front-to-Back Office provider of the year at the Funds Europe Awards 2014.   The award builds on recent success for SimCorp at the Buy-Side Technology Awards, for Investment Book of Records (IBOR) capabilities, and the Global Custodian awards, which recognised the firm’s platform for OTC derivatives.   “Seamless integration of front-to-back office functions is essential in the demanding and constantly shifting regulatory environment, and asset managers can no longer risk relying on legacy investment management systems,” said Klaus Holse, CEO at SimCorp. “With SimCorp Dimension, the front-to-back office technology is designed to simplify a firm’s technological landscape yet equip it to monitor all processes and manage resultant risks. This is the second year in a row that our role in helping clients to achieve business success has been recognised by Funds Europe and this is really encouraging. We’re particularly excited that this year our front office capabilities have been recognised as this has been an area of intense focus for us in recent years.”  SimCorp Dimension is an integrated platform, covering front-to-back office requirements, which taps into a single source of high-quality position data across all listed asset classes. It helps firms to handle investment workflows more efficiently by automating all front-to-back office processes, which in turn reduces costs and the operational risks presented by manual workflows.   Holse continues, “Every year, we invest more than 20 percent of our revenue back into SimCorp Dimension. We upgrade it twice annually to ensure the platform can address our clients’ current needs.”   The winning entry highlighted recent SimCorp Dimension upgrades that have allowed powerful data management tools integrated in the back office to also offer timely insight for the front office. These upgrades improve support for investment decision-making and facilitate enhanced operational efficiency. - - -Enquiries regarding this announcement should be addressed to: Pamela Philip Account Manager, LEWIS PR P: +61 2 8599 1000 E: pamela.philip@lewispr.com  - - -About SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organisations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com. AD&Co's OAS Subroutine Now Available within SimCorp Dimension 2014-11-11T00:00:00Z ad-amp-co-s-oas-subroutine-now-available-within-simcorp-dimension SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that AD&Co's OAS Subroutine, which includes the LoanDynamics (Credit) Model, the Term Structure Library and Home Price Simulation Model from AD&Co's suite of VECTORS® Analytics, is now available in SimCorp Dimension.   SimCorp provides Front, Middle, and Back Office solutions used by global investment managers to efficiently handle risk, reduce cost, and scale their businesses for growth. The addition of AD&Co's OAS Subroutine allows clients to measure, rank, and decompose MBS risk for both agency and private-label instruments which means better analytics and tools for investors to make timely and accurate investment decisions.   AD&Co's OAS Subroutine is available throughout SimCorp Dimension which ensures that methods and measures are consistent across portfolio analysis, order generation, performance attribution, scenario analysis and risk management, leading to better strategy implementation and trading decisions for the clients.   Georg Hetrodt, Chief Technology Officer at SimCorp, commented: "We are very pleased with this partnership. While SimCorp Dimension supports a large variety of pricing models and instruments, bringing in AD&Co's market-leading mortgage analytics makes our solutions even more powerful. The tools fit well with the existing capabilities of SimCorp Dimension and add value for our clients."   Rob Landauer, Director of Business Development at AD&Co said: "AD&Co's OAS valuation methodology reflects both prepayment and default options, considers interest rates and home prices as primary economic factors and also accounts for model risk. This library has been successfully integrated into SimCorp Dimension to provide clients with a powerful mortgage valuation and analytics platform."   -Enquiries regarding this announcement should be addressed to: Pamela Philip, LEWIS PR T: +61 2 8599 1000 E: pamela.philip@lewispr.com -  ABOUT AD&Co Andrew Davidson & Co., Inc. offers consulting services and risk analytics for fixed income investors with an emphasis on mortgage and asset-backed securities and mortgage whole loans. The VECTORS® Analytics library currently offers prepayment models for mortgage and asset-backed securities, a Credit/Default model (LoanDynamics Model), and option-adjusted valuation and risk management tools for MBS, ABS, and CMOs. The unique blend of investment expertise and cutting-edge quantitative methods combines decades of Wall Street experience with the most advanced modeling techniques. For more information about Andrew Davidson & Co., Inc., please visit www.ad-co.com.  ABOUT SimCorp 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. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organisations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. Aegon Asset Management Netherlands chooses SimCorp Dimension 2014-10-29T23:00:00Z aegon-asset-management-netherlands-chooses-simcorp-dimension SimCorp, leading provider of investment management solutions and services for the global financial services industry, today announced that Aegon Asset Management has chosen SimCorp Dimension as the new back office platform for its Netherlands operations.   Aegon Asset Management will use SimCorp Dimension as a position keeping tool to support back office operations, in particular, bringing greater efficiency by further automating the transaction and accounting processes.   Having conducted a thorough selection process, Aegon Asset Management selected SimCorp Dimension for its ability to meet the company’s comprehensive requirements and support its future growth ambitions.   Commenting on the agreement, Wouter Peters, Chief Operating Officer Aegon Asset Management Netherlands, said: “We have chosen SimCorp Dimension as we are fully convinced about its capacity to address our current and future challenges in terms of automation, flexibility and functional coverage.”   Hans-Otto Engkilde, Managing Director, SimCorp Netherlands, said: “The agreement with Aegon Asset Management is a testament to SimCorp’s strong offering. For global investment managers like Aegon to realise an ambitious strategy while also coping effectively and efficiently with regulatory and market demands, a modern investment management system is a must. We look forward to working with Aegon and to seeing the positive impact state-of-the-art technology will have on the firm’s operations and performance.”   --  Enquiries regarding this announcement should be addressed to:           Pamela Philip, LEWIS PRP: +61 2 8599 1000E: pamela.philip@lewispr.com   --  About SimCorp 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 organisations 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  About Aegon Aegon Asset Management is a global, active investment manager. Aegon Asset Management uses its investment management expertise to help its clients take responsibility for their financial futures, with a focus on excellence, trust and partnership. Institutional and private investors entrust Aegon Asset Management to manage approximately €270 billion worldwide. Positioned for success in its chosen markets (the UK, Continental Europe, North America and Asia), Aegon Asset Management’s specialist teams provide high-quality investment solutions across asset classes. Its clients benefit from the extensive international research capabilities and in-depth local knowledge of Aegon Asset Management, as well as Kames Capital, its specialist UK investment team, and TKP Investments, its multi-manager investment team in the Netherlands. Aegon Asset Management is part of Aegon Group, one of the world’s leading financial services organisations, providing life insurance, pensions and asset management.