TESTIMONIALS

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Learn how Dimensional Community has helped it's clients run successful SimCorp Dimension implementation projects with focus on accelerators and applying best practices from other projects.

ABOR & IBOR

Large American Asset Owner

A large US bank working on optimizing their current SimCorp Dimension utilization of IBOR, while at the same time enhance their ABOR to support new accounting standards. The existing books will be migrated to a new platform of SCD (an SCD to SCD migration).

Dimensional Community manages a team of 5 implementation consultants working closely with the clients' business and IT departments to optimize the current utilization of Dimension. The work includes migration from SCD to SCD, review of the current process, provide design and configuration of solutions as well as test assistance. Dimensional Community is involved in all changes under this program, providing market best practices, recommendations on accounting methods (ABOR), improvements to their operating model, and guidance on the most optimal usage of the IBOR. 

- Work with subject matter experts to review all asset types held in the treasury portfolio and provide a written report

- Provide best practice recommendations for Security Master File (SMF) data settings, accrual and amortization settings.

- Financial Accounting Principle (FAP)/Financial Accounting Methods (FAM) settings for multiple instrument types: 

- Provide written technical and business documentation of SimCorp Dimension configuration

INTEGRATION

Global Asset Management

The client's Investment Accounting Program is a multi-year effort intended to deliver a single integrated global accounting platform that will be used across the client's products and provide greater analytical and reporting flexibility.

Provided a SimCorp Connectivity Consultant who was responsible for the following tasks:

- Design, build, issue analysis, and resolution of SimCorp Dimension integration technologies.

- Assist with issue analysis and resolution with Dimension as a whole.

- Training and mentoring plus other Dimension support. 

- Review current configuration/design documentation to ensure Dimension will provide the required functionality to meet customers' needs and where required provide additional configuration solutions to optimize the Dimension solution. 

- Work with subject matter experts to determine the optimal configuration for the ongoing development of Dimension.

- Validate the solutions put forward by SimCorp to meet these needs.

TEST MANAGER

Large American Asset Manager

The scope was a multi-year effort to deliver a single integrated global investment accounting platform to be used across its customer’s products and provide greater analytical and reporting flexibility.

Provided a SimCorp Testing Consultant who conducted the following tasks:

- Identify required test environments and work with the environment management PM to ensure valid environment provision.

- Lead and manage test execution, day-to-day test oversight, triage, vendor liaison, patch management and associated regression testing, test status reporting.

- Assist with test scenario/script identification, test script development, test data identification, requirements alignment, test execution plan development, business expectation management.  

- Work collaboratively with the testing PM and other testing team members on the aforementioned tasks.

DATA MIGRATION

Canadian Pension Plan

Migration of data from legacy system to SimCorp Dimension. 

Using our accelerators from other projects we provide tools and best practices to speed up the delivery of the migration workstream to the client. Data scope included security master data enrichment's, market data, positional data as well as tax lots, cash, and collateral positions. The approach taken was to extract, cleanse and load multiple times with a strong governance model on top to secure that required changes were resolved in a timely fashion. Our approach allowed the client to go live with no issues on the migration weekend. 

- Collaborate with the reporting lead to understand the future-state data requirements as it pertains to a legacy system archive
- Collaborate with the development team to ensure that the strategy and plan aligns with the concurrent conversion delivery
- Work with Finance and IT operations team to confirm and document the best approach for the migration
- Participate in IT team project plan construction, status reporting and risk/issue management
- Execute the converted data loads into the business functional and system integrated test environments

REPORTING

Global Asset Manager

Large enterprise systems change program, implementation of SimCorp Dimension for middle and back-office functionalities.  Replacement of legacy software. 

Provide a Reporting Consultant who is responsible for the following tasks:

- Assist with the identification of required reporting environments and work with the environment management program manager to ensure valid environment provision.

- Recommend reporting solutions to requirements, map reporting requirements to data elements within reporting sources.

- Provide training/guidance to report builders to develop the capability to understand data models and report building techniques.

- Build end-user reports as needed and 

work collaboratively with the Reporting program manager and other reporting teams.

BUSINESS ANALYSIS

European Asset Manager

The customer required modernization of front office functionality, implementation of SimCorp covering Portfolio Management, Compliance, Order Management, and Trading

Provide a Configuration Consultant who lead and performed the following tasks:

- Review current configuration/design documentation to ensure Dimension will provide the required functionality to meet customers' needs.

- Provide additional configuration solutions to optimize the Dimension solution when needed. 

- Work with subject matter experts to determine the optimal configuration for the ongoing development of Dimension.

- Validate the solutions put forward by SimCorp to meet these needs.