SimCorp has announced that it has enhanced its partnership with FX Connect® to provide SimCorp Dimension® users with full foreign exchange netting capabilities. SimCorp leverages FX Connect’s cross-currency netting capabilities to enable its clients to seamlessly block, net and subsequently compress arge, multi-currency, multi-value date blotters. FX Connect also provides a full suite of flexible execution options tailored to the asset management community.
Lora Britko, Managing Director and Head of FX Connect comments: “FX Connect celebrated its 20th anniversary this year and our enhanced partnership with SimCorp is an excellent example of the clientcentric work we have been carrying out for more than two decades. Increasingly so, our shared clients are looking for ways to increase efficiencies and reduce costs associated with FX execution.”