SimCorp has launched a new portal offering an overview of the requirements and benefits of keeping an investment book of record (IBOR).
The portal comes as a response to the recognition of IBORs as a critical part of running a successful investment management business. As more securities and investment strategies have become available, asset managers are required to have a complete view of the risks and potential outcomes of any action.
IBORs can help to provide the data and operational capabilities required for expanding in to new asset classes and investment strategies, and can also help firms to comply with regulatory reforms.
The SimCorp solution is designed to provide asset owners with a one-stop shop for knowledge about IBORs, including case studies and insight from industry leaders, including those that have already moved towards an IBOR system.
It features recorded webinars and articles, as well as a list of ten key requirements for investment management firms looking to implement an IBOR.
SimCorp CEO Klaus Holse said: “With the launch of the IBOR portal, SimCorp offers a go-to forum for knowledge and expertise on IBOR.”
He added: “The IBOR helps investment management organisations to better focus on their core business, and without an IBOR solution, the front-office will either work off partial or out-of-date data or maintain IBOR figures manually. That is not only time consuming, but also inefficient and expensive.”
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