About a-team Marketing Services
The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

SimCorp and MSCI Develop Direct Link Between Dimension and RiskManager

Subscribe to our newsletter

SimCorp and MSCI are developing a direct data and analytics link between the former’s Dimension investment management solution and the latter’s RiskManager platform with a view to offering users of both products operational efficiencies and support for better informed investment decisions. A link between Dimension and MSCI’s BarraOne risk management solution is also on the roadmap.

An initial interface and workflow allow common clients of SimCorp Dimension and MSCI RiskManager to load position holdings from Dimension directly into MSCI RiskManager, which includes a time series-based, granular risk analytics model and is typically used in the middle office. RiskManager calculations, including value at risk, are then reported back and stored in a separate database built by the Dimension user to house risk information.

Moving beyond this initial solution, which is available immediately and has been deployed by Swiss & Global Asset Management as a pilot customer, the companies intend to report the results of MSCI’s RiskManager calculations directly to SimCorp Dimension. This will give SimCorp Dimension users easy access to back-testing, value at risk calculations, historical data and analytics, reducing operational complexity and providing a clearer picture of risk exposure to support investment decision making. Data consolidation within SimCorp Dimension is also expected to make data more accessible for reporting, improve data consistency and reduce data storage and management costs.

This element of the solution will close the loop between SimCorp Dimension and MSCI RiskManager and be available in the third quarter of 2014, ahead of fourth quarter availability of a similar interface between SimCorp Dimension and MSCI BarraOne, which includes a fundamental factor risk analytics model and is typically used in the front office.

While users of both SimCorp Dimension and MSCI RiskManager can link the products by building middleware, Derek Kannenberg, Product Manager, Risk Management Analytics, MSCI, describes the task as onerous in terms of building and maintaining a solution that can prepare the detailed data required for risk calculations.

Else Braathen, domain manager, Risk Management at SimCorp, adds: “Our clients asked us for help to develop an interface between SimCorp Dimension and MSCI’s RiskManager because it is not easy for them to do this. We expect all our buy-side clients, whether or not they are also MSCI customers, to find this interface and workflow solution compelling.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The future of KYC and AML: How to tackle the challenges and gain the opportunities of perpetual KYC

Perpetual Know Your Customer (or pKYC) could be a game changer for client onboarding, due diligence and financial crime compliance. Moving on from today’s reactive approach that conducts client KYC processes at onboarding and typically at one, three and five year intervals, pKYC takes a proactive approach, creating a digital KYC profile and dynamically refreshing...

BLOG

Firms Turning to Voice Transcription to Address Regulatory Scrutiny

Demand for voice transcription services from surveillance professionals at financial institutions is at record highs, according to analysis from compliance data and technology specialist SteelEye. Firms are seeking voice-to-text solutions for calls on fixed-line, mobile, MS Teams, Zoom, WhatsApp, and other communications mechanisms as part of to their surveillance programmes. SteelEye analyzed all Requests for...

EVENT

TradingTech Summit Virtual (Redirected)

TradingTech Summit (TTS) Virtual will look at how trading technology operations can capitalise on recent disruption and leverage technology to find efficiencies in the new normal environment. The crisis has highlighted that the future is digital and cloud based, and the ability to innovate faster and at scale has become critical. As we move into recovery and ‘business as usual’, what changes and technology innovations should the industry adopt to simplify operations and to support speed, agility and flexibility in trading operations.

GUIDE

ESG Data Handbook 2022

The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...