The system supports phase one of the new IFRS 9 standard.
Copenhagen-based investment and portfolio management software and services provider SimCorp has released a new version of its investment management software, SimCorp Dimension version 5.1.
New additions to the system include enhancements to the Compliance Manager function and support for phase one of the International Financial Reporting Standard (IFRS) 9.
"SimCorp Dimension is well prepared for all the new regulations that are due to come into force within the next year," says Torben Munch, COO of SimCorp. "We have anticipated and planned for the most probable regulatory requirements—we just await confirmation of the exact contents from the regulators."
More from Buy Side Technology
Updating your subscription status
Work with us on your Integrated Marketing Campaigns
WatersTechnology offers a full range of custom research, surveys, webcasts, video and whitepapers for firms looking to demonstrate thought-leadership through their marketing campaigns and generate sales leads.
The over-the-counter (OTC) derivatives market is in the midst of a global regulatory restructure. Authorities in Europe, Asia and the US are currently...
A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....