SimCorp, a provider of Software-as-a-Service investment management solutions, has added Investment Accounting as a Service in response to increased demand from buy-side clients to outsource back-office functions.
The multi-asset class service is based on the SimCorp Dimension platform and is part of the company’s drive to become a technology-enabled services company. It will deliver timely, accurate and transparent multi-jurisdictional and regulatory compliant accounting, analytics and reporting, as well as an advisory overlay. It also provides interoperability and validates post-trade data, performs reconciliations, and ensures international accounting standards compliance.
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