SimCorp, a provider of investment and portfolio management software, has announced the release of SimCorp Dimension version 5.8.
As part of the latest release, which is the second of SimCorp's two annual software releases, a new investment book of record (IBOR) manager was introduced. Upgrades were also made to the front, middle and back office.
On the front end, widgets were implemented in SimCorp's order manager dashboard to help traders deal with infrequently traded or illiquid securities by offering the trading history of a specific security or group of securities.
In the middle, clients can define sponsor benchmarks separately from associated portfolio benchmarks in the performance manager. RiskMetrics has also been further enhanced for smoother integration.
A back-office module was also developed to give clients a real-time view of eligible collateral in the collateral manager dashboard.
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