SimCorp Paper Highlights Importance of IBOR as the Foundation for Better Investment Decisions and Regulatory Compliance in 2013

  SimCorp Paper Highlights Importance of IBOR as the Foundation for Better
  Investment Decisions and Regulatory Compliance in 2013

Business Wire

NEW YORK -- January 9, 2013

SimCorp, a leading provider of investment management solutions and services
for the global financial services industry, has released a new paper, “The
Investment Book of Record: One Version of Truth from Front- to Back-Office.”

Authored by Marc Schröter, head of strategic research at SimCorp, the paper
tackles the problems associated with fragmented position-keeping across the
trade lifecycle. “When investment processes and asset classes are supported by
multiple systems across the front- to back-office, it is impossible to gain an
accurate view on true portfolio positions,” notes Schröter. “The risk of poor
decision-making is inevitably higher when portfolio managers are working off
bad data.”

The paper proposes that the Investment Book of Record, or IBOR, becomes the
single repository that combines front-office start-of-day positions with
back-office end-of-day positions. The IBOR will centralize position-keeping
across the entire trade lifecycle and will provide investment managers a
comprehensive view of positions and exposures. The IBOR will also manage
up-to-date transaction lifecycle status, reflecting current and historical
transactions as well as a forecast of securities and cash balances.

Additionally, the paper outlines the value of the IBOR in assisting investment
managers comply with the onslaught of regulatory reforms. Legislation such as
a Dodd-Frank, EMIR and Solvency II are united by a common denominator – the
need for an accurate view of exposures across counterparties, collateral and
the underlying derivatives. “The complexity involved in exposure calculation
and mandated regulatory reporting will make compliance an uphill battle
without a solid investment book of record in place,” continues Schröter.
“Instead of creating piecemeal compliance solutions, regulation by regulation,
the IBOR affords investment managers economies of scale in architecting an
enterprise solution that will support compliance for today’s regulations as
well as regulations of the future.”

Please download the full paper here.

About SimCorp

Since 1971, SimCorp has been providing investment and portfolio management
solutions and services to the world’s leading investment managers, asset
managers, fund managers, fund administrators, pension funds, insurance funds
and wealth managers. SimCorp’s world-class software provides global financial
organisations with the tools they need to mitigate risk, reduce cost and
enable growth. SimCorp is a global company, regionally covering all of Europe,
North America and Asia Pacific. Listed on the NASDAQ OMX Copenhagen, SimCorp
is dedicated to supporting the global investment management industry, its
clients and its investors. For more information about SimCorp’s products,
please visit


SimCorp North America
Susan Peter, +1-917-546-4654
Kevin Maher/Angela Byrne, +1-646-395-6300
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