Version 5.6 for SimCorp’s data management 14 August 2014 Copenhagen Reporter: Catherine Van de Stouwe
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SimCorp has announced SimCorp Dimension version 5.6, the second of its two annual software releases.
Version 5.6 extends the Data Warehouse Manager by introducing the Investment Management Warehouse, a comprehensive, industry standard investment management data model for buy-side asset owners and managers.
The enhanced Data Warehouse Manager provides an all-in-one toolbox to integrate data from different sources to facilitate timely, highly automated and accurate reporting.
Other enhancements to version 5.6 include a new front-office functionality to improve legislation compliance, a new alerts inbox for the middle-office to provide an instant view of calculations in the risk flow, and back-office automation of workflow processes that improves transparency and gives an overview of collateral management activities across all asset classes.
Klaus Holse, CEO of SimCorp, said the company is “committed” to staying at the forefront of developments for the financial industry.
He added: “The latest release is a response to the growing need for better transparency of processes and data.”
“Our substantial and on-going investment in research and development allows us to evolve our overall data strategy of ensuring improved data quality, timeliness and accessibility, which is crucial for a firm’s ability to have complete data in the investment decision making process.”
“SimCorp’s established investment book of record, coupled with the new investment management data warehouse are at the very core of this strategy.”
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