SimCorp introduces new front office suite

SimCorp A/S / 

03.03.2010 10:59

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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With the shift in focus by top investment executives towards mitigating risk
and increasing efficiency also in the front office, SimCorp is now introducing
a new front office suite within SimCorp Dimension, its seamless enterprise
solution for investment management organisations. The suite features fully
scalable front office support for portfolio managers, compliance managers and
traders. It is included in the latest release of SimCorp Dimension, version
4.7, which has been developed over the past 6 months using more than 100,000
man-hours. 

In addition, this release also includes a vast range of new functionality and
enhancements for middle and back office processes to support SimCorp Dimension
users in their continuous endeavour to mitigate risk and reduce cost, while
preparing for growth in the aftermath of the financial crisis. 

Among other new functionality in this semi-annual release, three new front
office management tools have been introduced: 
* The Asset Manager: a central position analysis and decision support platform 
* The Compliance Manager: featuring tools for handling increasingly complex
client mandates 
* The Order Manager: enabling investment management organisations to adapt
quickly to market requirements. 

Furthermore, SimCorp Dimension users can benefit from 
* A new module for managing the post trade risk compliance process 
* The Fund Administration Manager, which enables users to manage the fund
administration process in one screen and thus reduce operational cost and risk 
* The Netting Monitor that automates the netting process 
* A new solution to manage commercial lending processes 
* Improved archiving functionality to enable archiving of large amounts of data
efficiently 

Increase speed of IT implementation and change management with SimCorp Services
While investment managers are increasingly triggered by the current market
environment to focus greater attention on their IT infrastructures in their
constant undertaking to mitigate operational risk, find long-term cost savings
and position themselves for sustainable future growth, SimCorp also  launches a
series of new service offerings to supplement traditional implementation and
educational services. 

Individually, or in any combination, SimCorp Services allow clients to free up
key resources so that they can focus on their core business opportunities and
thus on increasing their competitive advantage. As one example, within the area
of transition and operational services, by deploying SimCorp's certified
SimCorp Dimension specialists, SimCorp is now capable of taking on the entire
responsibility of managing system incidents from the client's side as part of
the client's team. 

SimCorp Services have been developed through input from a number of major
financial institutions and are designed to help SimCorp Dimension clients
position themselves for future growth. 

Learn more of the release 4.7 through on-demand video
For an on-demand guided tour of SimCorp Dimension version 4.7, packed with new
features and benefits, visit www.simcorp.com/release4.7 

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Enquiries regarding the announcement should be addressed to:
Lars Bjørn Falkenberg, Vice President, Head of Global Marketing and
Communication, SimCorp A/S, +45 35 44 88 00 / +45 26 30 01 27 

- - -

SimCorp
SimCorp is a leading provider of highly specialised software and know-how for
the financial sector. Established in 1971, with more than 1,100 employees,
SimCorp is listed on the NASDAQ OMX Copenhagen A/S. The SimCorp system, SimCorp
Dimension, is sold, implemented and supported by the head office in Copenhagen
and subsidiaries and branches in Amsterdam, Brussels, Frankfurt, Helsinki, Hong
Kong, Kiev, London, Los Angeles, Munich, New York, Oslo, Paris, Stockholm,
Sydney, Toronto, Vienna and Zurich. 

News Source: NASDAQ OMX



03.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      SimCorp A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0016026164
WKN:          
 
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