Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
SimCorp Dimension Version 5.3 Features Enhanced Risk Management with Reverse Stress Testing

SimCorp, a leading provider of investment management software and services for the global financial services industry, has released SimCorp Dimension version 5.3. Included in the many new and enhanced features and functionality across the enterprise-wide system are: reverse stress testing providing increased risk management, collateral substitution enabling better forecasting and improved control, as well as multiple hierarchies allowing for separation of compliance information.

The importance of risk management has continued to rise in the aftermath of the financial crisis and the introduction of a number of new regulatory requirements. Version 5.3 provides robust stress testing to help users improve risk management and regulatory compliance. The introduction of new reverse stress testing includes relevant loss scenarios and intuitive tables and charts.

SimCorp Dimension version 5.3 further advances back-office functionality by automating time-consuming and labor-intensive manual processes. A number of new modules as well as several enhancements enable users to optimize processes while complying with industry standards and reducing costs and operational risks related to manual workflows. In the settlement area for example, the newly streamlined collateral substitution process allows users to reduce collateral shortfalls and save time. Users can forecast events on outstanding collateral, which improves control over the collateral substitution process.

The new version delivers innovative and robust functionality for the front-office. By having ‘multiple hierarchies,’ firms can establish stringent security protocols throughout the compliance function, resulting in vastly improved authorization features. Additionally, enhancements to the compliance manager deliver improved usability and productivity.

SimCorp Dimension version 5.3 is part of SimCorp’s semi-annual release schedule. Additionally, SimCorp introduced a new licensing model and maintenance program in September 2012 to further meet client demands for simplicity and increased value. The new model streamlines licensing of SimCorp’s solutions by moving from a model based on hundreds of modules to new role-based solutions. The enhanced maintenance program introduces benefits such as license transition credits and enhancements to the semi-annual software releases.

SimCorp’s CEO Klaus Holse comments: “SimCorp Dimension version 5.3 brings increased value to our clients. Among many new features, this latest version includes comprehensive usability improvements as well as updated regulatory compliance capabilities. Unrivalled by our competitors, SimCorp continues to invest more than 22% of annual revenue in a single product, SimCorp Dimension. This demonstrates our continued commitment to providing our clients the solutions needed to generate alpha and outperform their competitors.”

The next version of SimCorp Dimension will be released in August 2013.

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 www.simcorp.com/product.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
Dyn solutions are at the core of Internet Performance. Through traffic management, message management and performance assurance, Dyn is connecting people through the Internet and ensuring information gets where it needs to go, faster and more reliably than ever before. Founded in...
SYS-CON Events announced today that Parasoft will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. For 27 years, Parasoft has researched and developed software solutions tha...
IBM and Tencent Cloud signed a business cooperation memorandum to collaborate on providing public cloud with Software-as-a-Service solutions for industries. Both parties agreed to focus on emerging small and medium enterprises in the smarter cities and smarter healthcare industri...
Until recently, many organizations required specialized departments to perform mapping and geospatial analysis, and they used Esri on-premise solutions for that work. In his session at 15th Cloud Expo, Dave Peters, author of the Esri Press book Building a GIS, System Architectu...
SimpleECM is the only platform to offer a powerful combination of enterprise content management (ECM) services, capture solutions, and third-party business services providing simplified integrations and workflow development for solution providers. SimpleECM is opening the market ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News

In an increasingly connected world, enterprises are extending new business models, ...