FIX CITY's ioinet Added to SimCorp Dimension Platform
SimCorp has linked its investment management platform, SimCorp Dimension, with FIX CITY’s ioinet pre-trade messaging system for IOIs and Trade Advertisements. This new link completes SimCorp Dimension’s front office FIX capabilities. The move means that SimCorp’s clients are now be able to receive indication of interest electronically, create watch lists and respond to their brokers via the FIX protocol. ‘That means that the order process in SimCorp Dimension is now fully supported from initial interest, through dealing and allocation and on into settlement, with no need to re-key or enter data that is already available in electronic form elsewhere,’ explained Natasha Bonner-Fomes, SimCorp’s order management domain manager.