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IBOR Implementation in SimCorp One

AT A GLANCE

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Client Profile

Sovereign Wealth Fund

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AUM

$600bn

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Core Service

IBOR implementation in SimCorp One

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Key Outcome

Significant Operational Efficiency Gains

Transformation Challenge

The case study describes the strategic technological transformation of a major Sovereign Wealth Fund.

 

The client was struggling with a complex IT ecosystem of outdated, disparate systems that hindered operational agility. Critical processes were dominated by manual workflows, making user onboarding difficult and increasing the complexity and risk of operational errors for system integrations.

 

The imperative was to replace their legacy system and unify their fragmented technological infrastructure.

Strategic Solution Approach

Dimensional Community orchestrated a comprehensive implementation strategy centered on SimCorp Dimension, focusing on establishing robust Straight-Through Processing (STP) capabilities and revolutionizing trade lifecycle processes.

 

The solution involved configuring a sophisticated suite of SimCorp modules, including STP Trade Workflow, SWIFT integration, and Collateral Management.

 

Completed within eight months and on budget, the project delivered exceptional results: a 75% reduction in processing times and an impressive 99% STP rate. This established a robust, scalable technological foundation with centralized data management , dramatically enhancing operational efficiency and positioning the client for future growth.

Key Outcomes

75%

Improvement in processing time

Centralised

Data Management

99%

STP rate

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