Genesis Investment Management has gone live with the new SimCorp Dimension front-office suite.
The new functionality supports the firms order construction, pre-trade compliance, dealing and order execution through both telephone and FIX and has significantly enhanced the efficiency of its front-office operation.
Originally, Genesis implemented SimCorp Dimension in 2007 to handle its dealing, compliance, settlement and accounting functions, replacing a number of systems including a proprietary order management system and an accounting package.
It has allowed us to support the growth in assets under management and the volume of transactions, while reducing our operating costs, says Martyn Ryan, COO and partner in Genesis Investment Management. Furthermore, because of the systems compliance functionality, we have also been able to deal with an increasingly diverse range of clients and investment prescriptions so now support a much wider range of clients.
(CG)