SimCorp -SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that it has enhanced its partnership with FX Connect® to provide SimCorp Dimension® users with full foreign exchange netting capabilities.
With seamless integration to the Order Manager module of SimCorp’s Dimension, SimCorp’s clients can enjoy a robust and automated end-to-end FX execution process, which allows them to create operational efficiencies while at the same time reducing trading costs.
“Buy-side firms using SimCorp Dimension are generally looking for a simple setup with smooth, highly integrated and automated workflows across the system. The enhanced partnership with FX Connect is yet another step in that direction, enabling efficient processing of foreign exchange trades via a market-leading execution venue,” says Brent Rossum, Director, Front Office Product Management at SimCorp.
Lora Britko, Managing Director and Head of FX Connect comments: “FX Connect celebrated its 20th anniversary this year and our enhanced partnership with SimCorp is an excellent example of the client-centric work we have been carrying out for more than two decades. Increasingly so, our shared clients are looking for ways to increase efficiencies and reduce costs associated with FX execution. Our integration with SimCorp Dimension coupled with our proprietary technology means that mutual clients have access to unrivalled automation and execution flexibility.”
Enquiries regarding this announcement should be addressed to:
Anders Crillesen, SimCorp Corporate Communications (+45 3544 6474)
About SimCorp
SimCorp provides integrated, best-in-class investment management solutions to the world’s leading asset managers, fund managers, asset servicers, pension and insurance funds, wealth managers, and sovereign wealth funds. Whether deployed on premise or as an ASP solution, its core system, SimCorp Dimension® , supports the entire investment value chain and range of instruments, all based on a market-leading IBOR. SimCorp invests more than 20% of its annual revenue in R&D, helping clients develop their business and stay ahead of ever-changing industry demands. Listed on NASDAQ Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.
