Jun 23, 2005 - Announcement
SimCorp announces today that it will provide support to Wachovia's foreign bond back office operations of its Portfolio Desk. SimCorp’s investment management system, SimCorp Dimension, will cover accounting for foreign bond and foreign exchange transactions, position and regulatory reporting, processing of pricing information and pay down information for foreign mortgage backed securities. The system will furthermore provide reconciliation and position information to the front office portfolio desk.
