Back Office

Sophisticated  and cost-effective back office processing to meet complexity

For investment management companies, meeting back office demands, such as complying with new regulations, increasing operational efficiency and reducing the costs associated with back office processes, is crucial to maintaining profitability in a business where margins are constantly under pressure.

The need for sophisticated and flexible back office functionality has been heightened by the globalisation of accounting standards and the increased complexity of fund accounting caused by new products entering the investment arena. At the same time, the desire to minimise risk exposure has made the automated handling of reconciliations, corporate actions and matching more and more appealing.

Focus on exception handling and core business

Automating back office processing enables organisations to reduce operational risk and manual handling. Customised workflows, tailored for specific processing requirements, allow back office staff to control critical processes and avoid missing important events. In addition, simplified workflows permit them to focus on exception handling and core business functions.

Compliance with transparency and reporting requirements

True integration of automated back office processing with SimCorp Dimension’s front and middle office workflows provides complete transparency throughout the transaction lifecycle. With a full transaction history,  growing demands for transparency and audit trail can be easily met.