SimCorp releases Dimension v5.2

SimCorp, the provider of investment and portfolio management software, has released an updated version of its Dimension product, which addresses central counterparty (CCP) concerns resulting from regulations such as the US Dodd-Frank Act and the European Markets Infrastructure Regualtion (EMIR).

The latest version – 5.2 – introduces an OTC Derivatives Manager tool for simplifying processing of such instruments. The tool can import data and enables straight through processing. A margin process enables users to distinguish between margin requirements and actual delivered or paid margin.

The upgraded product also provides improved support for declaring share ownership in respect of UCITS IV compliance, improved GIPS reporting, enhanced credit risk capabilities, improved alerts and reconcilliation capabilities, and the ability to output reports to external web-based systems.

Lars Falkenberg, head of Global Product & Marketing Management, said: “The CCP solution package introduced with SimCorp Dimension 5.2 was designed because we constantly monitor the global regulatory initiatives and plan our developments accordingly to meet the new requirements. Many of our clients are highly impacted by the new CCP processing requirements.”


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