SimCorp, a leading provider of investment management solutions and services for the global financial industry, today announced that SimCorp Dimension was named “Best OTC Derivatives Technology Platform” at the Global Custodian Awards for Excellence 2014. In 2013, SimCorp Dimension was recognized as “Best Fund Manager System” in the collateral management category.
Presented on November 13th in New York City, the Global Custodian Awards for Excellence aim to recognize the firms that are bringing innovation to custodians, prime brokers, securities finance/repo and securities lending participants, administrators and their end clients.
“Providing a reliable infrastructure for derivatives processing is essential for enhancing the trade lifecycle and enabling firms to take control with a formulated and seamless process,” says Janet Du Chenne, senior editor, Global Custodian. “SimCorp’s integrated Derivatives Processing Solution spans the entire investment value chain.”
“SimCorp Dimension supports the entire derivatives trade lifecycle - it is a single solution that handles all the processing across all asset classes, reducing complexity and accelerating the onboarding of new instruments,” explains Klaus Holse, CEO at SimCorp. “We at SimCorp are honored to have our innovative work in the derivatives processing space recognized by Global Custodian with this award.”
Enquiries regarding this announcement should be addressed to: Susan Peter, SimCorp North America , 917-546-4654, email@example.com
Since 1971, SimCorp has been providing investment and portfolio management software and services to the world’s leading investment managers, asset managers, fund managers, fund administrators, pension funds, insurance funds, and wealth managers. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organizations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.