SimCorp Dimension road map
As the situation in the global financial markets has intensified, professional investment managers look for solutions to help them meet and overcome the challenges in the industry. Having the right IT platform is paramount, and delegates in the IUCM meeting were thus anxious to learn more about the new and future developments within SimCorp Dimension.
While SimCorp Dimension is an enterprise solution that provides comprehensive support across the entire investment management process, the solution is also completely modular. Investment management businesses are different in size, focus, and operating model and SimCorp Dimension can be configured precisely to an organisation’s needs, now and in the future. To provide an overview, vice president of product management at SimCorp, Leen Kuijken, presented the road map for future developments within SimCorp Dimension. SimCorp spends more than 25% of its revenue on R&D, and approximately 120,000 man-hours on each biannually updated version of the product and Kuijken’s presentation gave a valuable insight into how these resources are allocated and what the investment managers using SimCorp Dimension can expect from their IT platform.
Product development in SimCorp is market-driven and based on systematic collection and prioritisation of client and market research, requirements and demands. The past years have more than ever before been characterised by a changing market environment, intro-ducing new challenges, including more rigid requirements from regulators and authorities and also a stronger focus on operations from top management. The changing agenda in the investment management industry introduces demands on risk mitigation, operational efficiency and strategic cost management and scalability in operations. Leen Kuijken demonstrated how SimCorp Dimension can meet these challenges in terms of product functionality. She introduced a number of new and forthcoming improvements within front-to-back office, financial instruments and system environment, all centred around the perpetual themes of risk, cost and growth.
