SimCorp's Dimension Solution Enters Service at Gulf International Bank
Gulf International Bank London (GIB) has gone live with SimCorp’s Dimension asset management system. SimCorp Dimension will provide a single integrated system to support the entire front-office operation for equities, fixed income and hedge funds as well as client reporting. SimCorp claims that its solution will provide GIB with a faster evaluation process so that client reporting can be achieved in approximately half the time – reduced from ten days to five days,. The system also automates a number of processes such as cash reconciliation and performance attribution.