SimCorp, a Denmark-based provider of investment management solutions, has released SimCorp Dimension version 5.4, which features a new trade processing dashboard.
The company said the new dashboard will allow buy-side companies to manage their trade processing workload more efficiently, with full transparency and in real-time.
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By using the new functionality, investment managers can drill down to specific issues and resolve them in just a few clicks.
Other features of version 5.4 include FX hedging and overlay functionality, introduction of trading limits to compliance manager, improved use of the strategy builder.
SimCorp CEO Klaus Holse said the functionality introduced in version 5.4’s new dashboards is an answer to the market demand for better and more efficient trade processing management.
"This upgrade is a prime example of how SimCorp remains committed to providing our asset management clients the innovative solutions required to generate the best possible results," Holse said.
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By GlobalData"Our substantial and on-going investments in R&D yield two software releases every year. This enables SimCorp clients to constantly operate on a state-of-the-art platform, quickly capitalize on new market trends and comply with increasing regulatory requirements."
SimCorp said in the future releases it will introduce a series of additional dashboards and accompanying alerts functionality as part of a new Asset Services Dashboards and Alert package.
The next version of SimCorp Dimension is expected to be released in February 2014.
