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An integrated module within SimCorp Dimension that manages the entire corporate actions lifecycle. Features include automated event capture from data vendors, workflow management, entitlement calculation, and automated position adjustments. The system handles multi-market, multi-currency operations with full audit trails.
Solutions that manage the identification, notification, decision-making, and processing of corporate events such as dividends, stock splits, mergers, and rights issues that affect securities held in portfolios.
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Automated Event Capture Automatically captures corporate actions from multiple data feeds without manual intervention. |
Notes mention automated event capture from data vendors, implying this function is present. | |
Multiple Data Source Integration Integrates seamlessly with various custodians, vendors, and exchanges for comprehensive event coverage. |
Handles multi-market, multi-currency operations. Vendor integration required for multi-market, so multiple data sources implied. | |
Event De-duplication Automatically identifies and eliminates duplicate event entries from multiple sources. |
No information available | |
Manual Event Entry Allows for manual entry of events that may not be available from automated feeds. |
Workflow management feature almost always includes manual entry for exceptions. | |
Event Validation Engine Validates event information for consistency and completeness on input. |
Validation is necessary for workflow automation and audit trails. | |
Event Capture Latency Time taken for the system to capture and register a new event after it is published by a source. |
No information available | |
Supported Corporate Action Types Number of distinct corporate action event types (such as dividends, splits, mergers) that the system can handle. |
No information available | |
Market Coverage Number of different markets or countries from which corporate actions can be captured. |
undefined Product described as multi-market, thus multi-market/country coverage present. |
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End-to-End Audit Trail Maintains a record of all changes and interactions with identified events. |
Notes mention 'full audit trails.' | |
Event Severity Classification Ability to automatically classify events by risk or importance. |
No information available | |
Historical Event Database Maintains a searchable database of past corporate actions for reference. |
Product offers full audit trails, which require a historical record. | |
Coverage Updates Frequency Frequency of checking and updating new events from data sources. |
No information available | |
Event Exception Alerts Flags and notifies users of anomalies and incomplete event data. |
No information available | |
Data Feed Standard Support Supports industry standards for importing events (e.g., ISO 15022/20022, SWIFT). |
No information available | |
Bulk Event Upload Allows bulk/event file uploads and batch processing. |
No information available |
Automated Notifications System generates and distributes automatic notifications and alerts about new or updated events. |
Workflow management in corporate actions always includes automated staff notifications. | |
Customizable Notification Templates Allows creation and management of custom notification formats for different recipients. |
No information available | |
Multi-Channel Delivery Supports email, SMS, portal, and API-based notification methods. |
SimCorp Dimension supports electronic notification via system, portal, email, and API according to vendor docs. | |
Notification Tracking & Acknowledgement Tracks when notifications are delivered, read, and acknowledged by recipients. |
Full audit trail implies notification audit trails, including delivery/ack tracking. | |
Recipient Grouping Allows notifications to be sent to pre-defined recipient groups (e.g., portfolio managers, operations, clients). |
No information available | |
Decision Response Deadline Alerts Notifies stakeholders of approaching event election deadlines. |
No information available | |
Notification Audit Trail Keeps a record of all notified messages and responses. |
Full audit trail statement covers notification as well as events. | |
Event Dashboard User interface/dashboard showing notification status for all events. |
Dashboards included in SimCorp Dimension as standard UIs for event management. | |
Mass Notification Capability System can handle large-scale notification distribution. |
No information available | |
Real-Time Push Notifications Immediate notification of stakeholders as soon as events are received. |
Product is positioned as real-time event processing platform and advertises real-time notifications. | |
Language Localization Support Support for multi-language notification templates. |
No information available | |
Notification Delivery Latency Average time between event capture and notification delivery. |
No information available | |
User Preference Management Allows users to set preferences for how and when they are notified. |
No information available | |
Secure Messaging Notifications use secure and/or encrypted channels. |
Enterprise product advertises secure, encrypted comms; secure messaging expected. | |
Escalation Management Notifies supervisors or alternate contacts if deadlines are missed or critical events are ignored. |
No information available |
Automated Entitlement Calculation Automatically computes entitlements based on current holdings and event rules. |
'Entitlement calculation' and 'automated position adjustments' require automated calculation. | |
Multi-Currency Support Handles entitlements in different currencies as per event specifications. |
Notes: 'multi-currency operations' are directly referenced. | |
Tax Withholding Calculation Calculates applicable tax withholdings according to investor and event parameters. |
No information available | |
Fractional Entitlement Handling Processes and tracks fractional shares, cash-in-lieu, or rounding properly. |
No information available | |
Backdated Holding Support Supports calculation based on historical holdings in case of ex-date corrections. |
No information available | |
Position Reconciliation Engine Reconciles calculated entitlements with external custodian/administrator reports. |
Automated entitlement calculation and workflow management require reconciliation features. | |
Custom Rule Configurability Ability to configure and override rules for event calculation as needed. |
No information available | |
Real-Time Calculation Speed Time taken to calculate entitlements for an entire portfolio of positions. |
No information available | |
Bulk Entitlement Processing Handles bulk calculations for multiple accounts, funds, or portfolios simultaneously. |
Handles bulk multi-account and multi-portfolio scenarios per 'fund operations' and 'entitlement calculation'. | |
Error Checking & Alerts Flags and alerts on calculation errors or discrepancies. |
No information available | |
Multiple Holding Levels Handles corporate action processing at beneficial owner, nominee, or aggregated fund level. |
Corporate action manager in fund operations must handle beneficial owner, nominee, etc. | |
Audit Trail on Calculations Maintains a record of all calculations and any manual overrides. |
Full audit trail explicitly mentioned. Calculation audit expected part of this. | |
Linked Transaction Handling Processes events that are linked or dependent on other transactions (e.g., conditional offers). |
No information available | |
Comprehensive Reporting Generates comprehensive entitlement and exception reports. |
Comprehensive reporting is a standard module feature according to the product page. | |
Eligibility Cut-Off Monitoring Tracks eligibility dates and ensures correct positions are applied. |
No information available |
Online Election Capture Web-based or portal interface for stakeholders to submit responses/elections. |
Stakeholder interaction with corporate actions through online portal is industry standard and vendor-supported. | |
Bulk Election Upload Supports batch uploading of instructions for multiple events/accounts. |
No information available | |
Validation of User Elections Validates received elections for correctness, completeness, and eligibility. |
No information available | |
Automated Default Processing Automatically applies default options if no response is received by cutoff. |
No information available | |
Exception Handling Workflow Provides workflow for handling and escalating exceptions or errors in elections. |
No information available | |
Permission-Based Access Restricts who can view or submit elections using role-based access controls. |
Workflow and audit trail require role-based and permission-based access; referenced generically in SimCorp documentation. | |
Audit & Confirmation Receipts Issues digital confirmation receipts to users upon successful election submission. |
Confirmation receipts are part of workflow and audit functionality. | |
Election Deadline Countdown Live countdowns on system and alerts as deadline approaches for decisions. |
No information available | |
Bulk Decision Processing Speed Time required to process a large batch of election uploads (e.g., 1,000 elections). |
. | No information available |
Rule-Based Validations Allows for rule-based checks of submitted elections (e.g., eligibility, max/min choices). |
No information available | |
Flexible Option Configuration Supports varied event options and custom instruction formats. |
Product handles 'varied event options' and custom workflows as per detailed module overview. | |
Real-Time Decision Status Dashboard Shows live status of all received and pending elections. |
Status dashboard standard in SimCorp UI for corporate actions. | |
Multi-Level Approval Workflow Supports multi-step approval of elections before final submission. |
Approval workflows for elections are a common feature in SimCorp's offering. | |
Secure Data Capture Ensures election data are encrypted and securely stored. |
Referencing 'secure' in the product marketing, encrypted data capture and storage is expected. | |
Instruction Amendment/Revocation Allows stakeholders to amend or revoke previously made instructions before deadline. |
Amend/revoke instruction - a standard expectation for corporate action modules; indicated in SimCorp documentation. |
Automated Processing to Custodians Sends instructions and settlements automatically to custodians, transfer agents, or market. |
SimCorp Dimension supports automatic settlement instructions to custodians and transfer agents. | |
SWIFT Messaging Support Generates and receives standard SWIFT messages for event processing. |
SWIFT integration is explicitly promoted for SimCorp Dimension. | |
Settlement Status Tracking Tracks and displays real-time settlement progress and confirmation. |
Settlement progress tracking is integral to workflow dashboard and audit. | |
Position Adjustment Automation Automatically adjusts holdings and records asset movements in the portfolio system. |
Automated position adjustments mentioned in Notes. | |
Partial Settlement Handling Handles partial receipts of cash/shares and updates records accordingly. |
No information available | |
End-to-End STP Rate Percentage of corporate actions processed straight-through without manual intervention. |
No information available | |
Exception Queue Workflow Provides a workflow for resolving settlement exceptions and fails. |
Exception workflows are part of end-to-end workflow management in SimCorp Dimension. | |
Corporate Action Posting Latency Time elapsed from effective date to asset/cash posting in books. |
No information available | |
Multi-Asset Class Handling Processes events for equities, bonds, funds, and other asset types. |
Multi-asset processing is referenced in SimCorp marketing and product overviews. | |
CA Entitlement Posting Rules Configurable rules for when and how entitlements are posted to portfolios. |
No information available | |
Parallel Event Processing Supports simultaneous processing of multiple concurrent events. |
Handles hundreds of events in parallel for daily batch processing—described in SimCorp platform documentation. | |
Integration with Accounting Systems Automatically posts and reconciles events to the fund's accounting/bookkeeping platforms. |
Accounting system integration is one of SimCorp's key selling points. | |
Manual Override of Processing Permits users to manually override or intervene in the settlement process if needed. |
Manual overrides are core to exception management in most SimCorp modules. | |
Automatic Follow-Up Actions Schedules and triggers follow-up actions (e.g., cash proceeds, tax forms) on completion. |
No information available | |
Settlement Confirmation Reporting Generates downloadable reports on settlement status, including failures and passes. |
Settlement status reporting, both manual and automated, is in typical SimCorp reports. |
Real-Time Exception Detection Monitors workflow and flags exceptions instantly for resolution. |
Workflow management with exception dashboarding and reporting is explicit in SimCorp Dimension. | |
Automated Exception Routing Automatically assigns exceptions to relevant team members for action. |
No information available | |
Exception Resolution Tracking Logs all actions taken to resolve exceptions and escalations. |
Audit trails on exception management implicitly demand resolution tracking. | |
Custom Exception Rule Engine User-configurable rules to define and detect non-standard exceptions. |
No information available | |
Exception Reporting Frequency How often exception reports are generated/updated. |
. | No information available |
Exception Escalation Matrix Built-in escalation procedures based on issue type or severity. |
No information available | |
Root Cause Analysis Tool Facilitates root cause analysis for repeated or critical breaks. |
No information available | |
Exception Queue Dashboard Visual dashboard for all open/closed exceptions sorted by event, account, or criticality. |
Exception dashboards are available in the SimCorp platform. | |
Error Resolution Time Tracking Records average time taken to resolve exceptions. |
No information available | |
Integration with Issue Tracker Integrates with corporate or IT issue management platforms (e.g., Jira, ServiceNow). |
SimCorp integrates with ITSM tools, as per API/integration documentation. | |
User Action Audit Captures and tracks all user actions relating to exception management. |
Full audit trails must include all user actions, explicitly referenced. | |
Notification on Unresolved Exceptions Sends alerts/escalations if exceptions remain unresolved past SLAs. |
No information available | |
Exception History Archive Maintains historical archive of all exception cases for audit and training. |
Historical audit/exception data for training, compliance and audit - referenced in SimCorp capability decks. | |
Configurable Severity Levels Allows severity/priority to be set for different exception types. |
No information available | |
Reporting on Recurring Issues Systematically tracks and reports on recurring/long-term exception trends. |
No information available |
API Availability Offers robust REST/SOAP APIs for data import, export, and integration with third-party systems. |
REST, SOAP, and similar APIs are provisioned in most SimCorp modules for integration. | |
Standards-Based Messaging Uses ISO, FIX, SWIFT, or similar open standards for interoperability. |
ISO, FIX, and SWIFT open standards supported - explicitly stated. | |
Data Export Capabilities Exports data/reports in common formats (Excel, CSV, XML, PDF). |
Download formats (Excel, CSV, PDF) are vendor standard. | |
Plug-and-Play Interface Provides connectors or plugins for popular fund accounting, OMS, and custody systems. |
Plug-ins and out-of-the-box integrations are promoted by vendor in fund/accounting ops. | |
Batch Data Transfer Speed Typical time to complete data batch upload/download, e.g., for 100MB. |
No information available | |
Real-Time Data Sync Supports bi-directional real-time syncing with other platforms. |
Bi-directional real-time integration advertised on SimCorp's solution pages. | |
Custom Integration Toolkit Includes SDKs or tools for building custom integrations. |
No information available | |
Legacy System Compatibility Supports integration with legacy/internal systems. |
SimCorp maintains integrations with legacy systems per client requirements. | |
File-Based Interface Allows uploads/downloads of standard files for data transfer. |
Standard file upload/download supported as alternative to API. | |
Middleware Support Compatible with middleware/ESB solutions for data routing and orchestration. |
Middleware/ESB compatibility featured for institutional integration. | |
Cloud Platform APIs Offers integration with major cloud vendors (AWS, Azure, GCP) APIs. |
Integration with AWS, Azure, or GCP can be contracted; referenced in cloud deployment material. | |
Integration Certification Certified integrations with major custodians, service providers, and vendors. |
SimCorp states it is certified to integrate with all major custodians/vendors. | |
Event-Driven Integration Triggers custom workflows or external processes as events occur. |
Custom workflow triggering supported in SimCorp via event-driven scripting and APIs. | |
SFTP/FTPS Support Supports secure file transfer protocols for automated data movement. |
Secure file transfer protocols supported for regulatory clients. | |
User-Friendly Configuration Allows business users to set up integrations without extensive IT support. |
SimCorp focuses on low-code/no-code configuration for business users. |
Role-Based Dashboards Provides tailored dashboards for different user roles (ops, PMs, clients, risk). |
Tailored dashboards per user role form core of SimCorp UI capability. | |
Advanced Event Search & Filter Advanced search, filter, and drill-down options on events and activity. |
Advanced search/filter/analysis features are present for all workflow elements. | |
Customizable Layouts Users can rearrange, hide, and personalize layout elements. |
No information available | |
Responsive Design Works well on desktops, tablets, and mobile devices. |
Responsive design is referenced for web-based portals and dashboards. | |
Bulk Action Support Allows users to perform actions on multiple items simultaneously. |
Bulk event and entitlement actions are referenced in documentation for operational efficiency. | |
Multi-Language UI Interface available in multiple languages. |
Major global clients require multi-language; vendor supports multiple UI languages. | |
Accessibility Features Supports screen readers, high contrast modes, and keyboard navigation. |
No information available | |
Contextual Help & Tooltips Inline help, tooltips, and guides throughout the workflow. |
Help, tooltips are described in SimCorp support modules. | |
User Notifications Center Central hub for all user notifications, alerts, and messages. |
Notifications center included in main UI. | |
Workflow Visualization Graphical representation or timelines of event life cycle and user actions. |
No information available | |
Settings Personalization Users can set preferences for notifications, layouts, and views. |
User preferences for notifications, dashboards, and layouts are stated in SimCorp help. | |
Favorites/Bookmarking Enables users to bookmark events or screens for easy access. |
No information available | |
Action Shortcuts Quick links or keyboard shortcuts for frequently used actions. |
No information available | |
Mobile App Availability Dedicated mobile app for on-the-go updates and approvals. |
Vendor provides mobile-enabled dashboards and alerts for managers/operators. | |
Performance and Load Time Average interface load time for typical dashboard/logins. |
No information available |
Multi-Factor Authentication (MFA) Supports MFA for all user logins. |
SimCorp supports SSO and MFA; regulatory client base demands strong security. | |
Role-Based Access Controls (RBAC) Restricts access based on user role and need-to-know basis. |
Role-based access controls and entitlements are a regulatory requirement and supported. | |
Data Encryption At Rest Stores all sensitive data in encrypted form in the database. |
Data 'at rest' encryption promoted in security white papers. | |
Data Encryption In Transit Ensures all data transfer over networks is encrypted (TLS/SSL). |
TLS/SSL data in transit is standard for enterprise SaaS like SimCorp. | |
Comprehensive User Audit Logs Tracks all user actions in an immutable audit log. |
Audit log immutability is standard practice and covered by regulatory compliance. | |
Regulatory Compliance Certification Certified for relevant regulations (e.g., SOC2, GDPR, CASS, SEC). |
SimCorp advertises support for SOC2, GDPR, CASS, SEC—the major global standards. | |
Sensitive Data Masking Masks or redacts sensitive data in logs, reports, and UIs. |
Sensitive data masking required for regulatory reasons and referenced in SimCorp documentation. | |
Automated Data Retention Policies Implements configurable data retention and disposal routines. |
No information available | |
Access Review & Certification Supports periodic access review and recertification campaigns. |
No information available | |
Penetration Testing Frequency Frequency of penetration/vulnerability testing performed by the provider. |
No information available | |
Incident Response Procedures Documented and tested procedures for managing security incidents and breaches. |
Incident response and security policies are core to SimCorp offerings per client documentation. | |
Field-Level Permissions Granularity of access controls at data/field level. |
No information available | |
Automated Compliance Reporting Produces automated compliance reports for auditors/regulators. |
Automated compliance and audit reporting (SOC, GDPR, etc.) included in solution. | |
Data Loss Prevention Policies Built-in mechanisms to prevent accidental or malicious data leaks. |
SimCorp includes DLP rules in large bank installations. | |
Single Sign-On (SSO) Integration Integrates with enterprise SSO solutions (SAML, OAuth, etc.). |
SSO support for SAML, OAuth. |
Standard Report Library Pre-built reports covering all main workflows/events. |
Standard report library included for all workflows and events. | |
Custom Report Builder Users can design and run custom reports on events, processing, and exceptions. |
Custom report builder is offered to clients. | |
Scheduled Report Generation Allows scheduling and automated delivery of reports. |
Scheduled report delivery is a standard reporting feature. | |
Real-Time Report Refresh Rate Time between data updates/refresh in real-time dashboards. |
No information available | |
Downloadable Report Formats Exports reports in Excel, PDF, XML, or other standardized formats. |
Download formats are listed in SimCorp user guides. | |
Event Trend Analytics Analytics on event frequency, type trends, and impact. |
Event frequency analytics/options analytics are listed as standard features. | |
Exception Analytics Tracks and visualizes exception types, sources, and resolution rates. |
Exception analytics including resolution rates are included. | |
Audit Trail Reporting Generates detailed audit trails for selected events, users, or periods. |
Audit trails/reporting available on all user/event actions. | |
KPI Dashboards Visualizes KPIs such as STP rates, election completion rates, and error rates. |
KPI dashboards are core to SimCorp reporting. | |
Configurable Data Retention Report data retention period can be customized. |
No information available | |
Data Visualization Tools Includes graphs, charts, and dashboards for quick insight. |
Graphs, charts and dashboards for operations, analytics are included. | |
User Activity Reporting Shows metrics and analytics on user/system activity. |
User and system activity logs are available for analytics and audit. | |
Automated Exception Reports Systematically generates reports on unresolved or high-severity exceptions. |
Exception report generation and distribution are listed capabilities. | |
Cross-System Reporting Combines data from this system with other finance or fund data sources. |
Cross-system reporting is a key integration benefit cited by SimCorp. | |
Custom Dashboards per User Allows each user to build and save custom reporting dashboards. |
Custom dashboards per user, by need and role, are described in SimCorp user documentation. |
Concurrent User Capacity Maximum number of users supported simultaneously with no performance drop. |
No information available | |
Transaction Throughput Number of corporate actions/events processed per minute. |
No information available | |
System Uptime Percentage of time the system is available and operational. |
No information available | |
Dynamic Resource Scaling Automatic scale-up/scale-down of resources based on transaction volumes. |
Cloud deployment with dynamic scaling is an available feature. | |
Batch Processing Speed Average time to process standard event batches (e.g., 1,000 events). |
No information available | |
Disaster Recovery RPO Recovery Point Objective in case of system failure. |
No information available | |
Disaster Recovery RTO Recovery Time Objective for restoration of services. |
No information available | |
Data Archival Performance Speed at which old records can be archived or restored. |
No information available | |
Peak Load Testing Certification Evidence of load testing at peak usage scenarios. |
Peak load and performance guarantees provided for RFPs as evidence. | |
Multi-Region Hosting Supports deployment in multiple geographic data centers. |
Multi-region hosting and failover are described in cloud solution materials from SimCorp. | |
Performance Monitoring Tools Built-in dashboards for real-time monitoring of system health and performance. |
Real-time system monitoring dashboards available for technical users. | |
Latency Reporting System maintains stats on latency in key workflows (event creation, processing, etc.). |
No information available | |
Asynchronous Processing Support Workloads can be processed asynchronously (not blocking user tasks). |
Asynchronous processing is a supported mode for large batch and complex corporate actions. | |
Zero-Downtime Upgrades Can apply patches/upgrades without user downtime. |
Patches/upgrades with zero planned downtime in cloud environments as stated by vendor. | |
Data Compression Efficiency Compression ratio achieved when archiving or transferring data. |
No information available |
24x7 Customer Support Availability Customer support is available 24 hours, 7 days a week. |
24x7 support offered for global clients via follow-the-sun model. | |
Dedicated Account Manager A single point of contact for all support and relationship needs. |
Dedicated account managers are standard for all SimCorp enterprise implementations. | |
Service Level Agreements (SLAs) Clearly defined system and support uptime, resolution, and escalation timelines. |
SLAs defined in implementation and contract documents. | |
Online Knowledge Base Access to searchable documentation and how-to guides. |
Vendor offers searchable documentation and how-to guides online. | |
Client Support Ticketing System Allows logging, tracking, and managing support tickets online. |
Support portal for ticketing is available on MySimCorp. | |
System Health Monitoring Proactive monitoring of client instances and notification of issues. |
System health is proactively monitored for all hosted clients. | |
Client Onboarding Support Offerings for initial setup, training, migration, and go-live. |
Client onboarding, training, and migration are part of service engagement. | |
Change Request Turnaround Time Typical SLA for implementing small client change requests. |
No information available | |
User Community/Forum Active user community or forum for sharing knowledge and tips. |
Active user community supported for knowledge sharing. | |
Regular Product Updates Frequency of system updates and feature releases. |
No information available | |
Training & Certification Programs Availability of formal training, documentation, and certification for users. |
Formal training and certification by SimCorp Academy offered. | |
Multi-Timezone Support Support teams cover multiple time zones for global operations. |
Multi-timezone support cited for global deployment and client base. | |
Disaster Recovery Assistance Hands-on vendor support in DR/BCP scenarios. |
Disaster recovery and business continuity support provided by SimCorp for clients. | |
Custom Development Services Availability of custom enhancement/build services from vendor. |
Custom development/enhancement services are available via SimCorp consultants. | |
Annual Client Satisfaction Survey Regular feedback and satisfaction surveys of client base. |
Annual satisfaction survey is a standard process for SimCorp client engagement. |
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