Mawer Funding Administration has applied the multi-asset front-to-back funding administration platform from SimCorp.

The SimCorp Dimension system will assist streamline the Canadian funding agency’s funding workflows together with order execution, portfolio administration, compliance, and company actions, by to settlement by way of a single platform, SimCorp mentioned.

On the identical time, a dwell view of Mawer’s funding guide of document (IBOR) and accounting guide of document (ABOR) on the platform will goal to extend transparency throughout its enterprise.

“Having accomplished an intensive analysis of the market, we really feel their consolidated front-to-back method is the correct option to help our enterprise goals,” mentioned Mawer Funding Administration’s chief working officer, Colin Zvaniga. “SimCorp’s built-in, single platform will assist drive the operational effectivity and resiliency required for future progress.”

Automated funding processes all through the funding cycle will enable companies to sort out the uphill problem of creating knowledge extra insightful, SimCorp added. Mawer can even use SimCorp’s Knowledge Warehouse Supervisor, a standardised knowledge answer.

“As diversification continues to play a major function in international asset administration, consolidating funding operations throughout a number of asset lessons, has now turn out to be important to supporting enterprise progress,” mentioned managing director of SimCorp North America James Corigan. “With one unified supply of knowledge empowering all the funding lifecycle, we’re assured that Mawer Funding Administration will set up the operational effectivity and long-term sustainability, it seeks to attain its enterprise outcomes.”

In August, SimCorp launched its Dimension platform on Microsoft Azure for extra versatile consumption as a part of its ongoing cloud technique.

The combination of Azure is a part of SimCorp’s migration of IT operations and providers to the Microsoft Azure cloud surroundings, which started in 2019. SimCorp mentioned on the time the continuing migration has allowed it to attain 100% distant working functionality through the COVID-19 pandemic.