POWERED BY MOMENTUM MEDIA
SimCorp updates Dimension
Financial services software provider SimCorp has released a new version of its Dimension investment management system, with two new modules covering over-the-counter instruments and securities lending and repurchase agreements.
The company, which announced the release of the new software package today, said the new automated processes were designed to improve the handling of counter-party exposure while reducing operational and market risk.
It said the new version would improve control and transparency in reconciliation processes by offering a new sales module that displays deviations between SimCorp Dimension transactions and information from external parties such as external managers or custodians.
AUTHOR
Mike Taylor
Recommended for you
The Federal Court has ordered AustralianSuper to pay $27 million for failures to address multiple member accounts.
The country’s fourth-largest fund is targeting the “missing middle” of members with a new digital advice service in partnership with Ignition Advice.
The prudential regulator confirmed it is considering BUSSQ’s Federal Court appeal.
The Albanese government has put forward a bold proposal to tackle the challenges of Australia’s swelling retirement pool, in an effort to allow superannuation funds to play a more active role in shaping members’ retirement outcomes.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
2
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.78 3 y p.a(%)
3
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
30.80 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
28.31 3 y p.a(%)
