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SimCorp Dimension Risk Management from SimCorp
An integrated risk management solution offering portfolio risk analysis, stress testing, and scenario analysis for pension funds. It provides multi-asset class coverage, asset-liability modeling, and integration with front-office investment decision-making.
Product analysis by function
Enterprise Risk Management Systems for Risk Management
Comprehensive platforms that provide an integrated view of all risks facing the pension fund, including tools for risk identification, assessment, mitigation, and reporting across multiple risk categories.
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Risk Identification
(8 Yes /8 Known /10 Possible features)
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Automated Risk Mapping Automatically scans and maps risk exposures across portfolios and processes. |
SimCorp Dimension Risk Management automatically identifies and maps risk exposures across portfolios via integrated risk modeling and reporting. | |
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Scenario Analysis Engine Ability to define and run multiple risk scenarios to identify susceptibilities. |
The platform supports scenario analysis and stress testing for risk identification. | |
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Data Import Integration Capacity to integrate data feeds from various internal and external sources for comprehensive risk identification. |
Enables data import/integration from multiple sources, including market data feeds and internal systems. | |
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Custom Risk Taxonomy Support for establishing custom risk categorizations tailored to the fund's unique exposures. |
SimCorp supports custom risk taxonomies to tailor risk exposures to fund requirements. | |
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Early Warning Systems Notifies users of emerging risks based on thresholds and predictive analysis. |
No information available | |
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Risk Event Logging Enables the recording and tracking of risk incidents or near-misses. |
No information available | |
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Dynamic Risk Register Provides a centralized repository for all identified risks, updated in real-time. |
Provides a central risk register that updates dynamically as exposures change. | |
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External Event Integration Links external events/news to internal risk exposures. |
SimCorp links external data/events to portfolio exposures, e.g., via Reuters, Bloomberg. | |
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Portfolio Stress Testing Ability to stress-test the portfolio for Black Swan or extreme events. |
Provides portfolio stress testing for Black Swan scenarios. | |
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Automated Risk Association Automatically links identified risks to affected assets, processes, or business areas. |
Automatically associates risks with assets, portfolios, and business lines in the system. |
Risk Assessment & Measurement
(9 Yes /9 Known /10 Possible features)
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Value at Risk (VaR) Calculation Capability to compute VaR for assets, portfolios, and enterprise-level exposures. |
VaR calculation (parametric, historical, Monte Carlo) available for assets and portfolios. | |
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Risk Scoring Assigns quantitative risk scores based on probability and impact. |
The system assigns risk scores based on calculated probability and potential loss. | |
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Monte Carlo Simulation Supports stochastic simulations for risk analysis. |
Monte Carlo simulation is available for portfolio risk analysis. | |
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Risk Aggregation Aggregates risk exposures across different dimensions (e.g., asset class, geography). |
Aggregates risk exposures across dimensions such as asset class, etc. | |
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Concentration Risk Metrics Calculates concentration risk by sector, counterparty, or instrument. |
Concentration risk metrics and reporting are part of portfolio analytics. | |
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Sensitivity Analysis Evaluates portfolio sensitivity to key risk factors. |
Sensitivity analysis for key risk factors is a standard tool. | |
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Counterparty Risk Measurement Measures the exposure to counterparties across positions. |
Counterparty risk exposure measurement is part of risk module. | |
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Custom Risk Models Enables creation and deployment of proprietary risk measurement models. |
Allows creation and use of custom/proprietary risk models. | |
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Risk Heatmaps Visualizes risk assessments in heatmap format for fast comprehension. |
Risk heatmaps are included in dashboard visualizations. | |
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Exposure Calculation Speed How quickly risk exposures are calculated in large portfolios. |
No information available |
Risk Mitigation & Controls
(6 Yes /6 Known /10 Possible features)
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Control Libraries Pre-built and customizable control libraries for operational and financial risks. |
Includes control libraries and customizable risk control frameworks. | |
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Action Tracking Enables users to assign, track, and monitor the status of risk mitigation plans. |
Action tracking is embedded in risk workflow tools. | |
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Workflow Automation Automates the approval and escalation workflows for risk response actions. |
Workflow automation for risk actions and approvals is part of the governance module. | |
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Integrated Policy Management Connects controls to organizational policies for compliance assurance. |
Connects risk controls to policies for compliance. | |
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Mitigation Effectiveness Analysis Evaluates and reports the effectiveness of mitigation actions. |
No information available | |
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Remediation Alerts Sends notifications for overdue mitigation or control failures. |
No information available | |
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Audit Trail Maintains a searchable log of all mitigation actions and changes. |
Audit trails maintained for all changes and actions. | |
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Third-Party Control Assignment Supports assignment of mitigation actions to external service providers. |
Supports assignment/tracking of third-party actions for mitigation. | |
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Automated Control Testing Tools to automatically test and validate risk controls. |
No information available | |
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Number of Simultaneous Mitigation Plans How many mitigation plans can be concurrently tracked. |
No information available |
Risk Reporting & Visualization
(8 Yes /8 Known /10 Possible features)
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Real-Time Dashboards Interactive dashboards displaying live key risk indicators (KRIs). |
Interactive real-time dashboards and live risk indicator KPIs are core features. | |
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Custom Report Builder Enables creation of bespoke reports drawing from any platform data points. |
Custom report builder allows bespoke reporting using any portfolio and risk data. | |
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Automated Scheduled Reporting Supports regular, automated generation and distribution of risk reports. |
Automated and scheduled risk reporting to stakeholders is available. | |
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Role-Based Access to Reports Report access and content customized by user role or permissions. |
Role-based access and user permissions for viewing and sharing reports. | |
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Drill-Down Capabilities Allows users to click through summary reports to detailed underlying data. |
Report drill-down supported from dashboards to transaction-level data. | |
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Alert Management System Configurable alerts via email, SMS, or app notification for critical events. |
Configurable alert system available for critical risk events. | |
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Graphical Risk Maps Geospatial mapping of risks for geographically distributed portfolios. |
Risk maps and geographic visualizations reported as available. | |
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Presentation Export Options Exports reports in multiple formats, such as PDF, PowerPoint, Excel. |
Exports available as PDF, Excel, and other common formats. | |
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Visualization Load Speed How quickly large or complex visualizations load. |
No information available | |
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Number of Concurrent Report Users Number of users who can access and interact with reports at once. |
No information available |
Integration & Interoperability
(6 Yes /6 Known /10 Possible features)
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API Access Provides extensive APIs for bidirectional data integration. |
API access for bidirectional integrations is available. | |
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Data Import/Export Tools Bulk and scheduled importing/exporting of risk data in common formats (CSV, XML, JSON). |
Bulk data import/export tools included. | |
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Pre-Built Connectors Ready-made connectors for common financial, actuarial, and CRM platforms. |
Pre-built connectors to market data and analytics platforms such as Bloomberg, Reuters. | |
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Real-Time Data Sync Keeps data synchronized across core systems in near real-time. |
Real-time and near real-time syncing available for risk and portfolio data. | |
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Open Banking Integration Integration with open banking APIs for external data acquisition. |
No information available | |
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Cloud Storage Compatibility Works with major cloud storage services for data archiving. |
Cloud deployment supports major cloud storage compatibility. | |
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Custom Integration Toolkit Toolkit for custom integrations where pre-built connectors don't exist. |
Custom integration toolkit available via SimCorp open APIs and development support. | |
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Integration Latency Average time taken for data to move between systems. |
No information available | |
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Maximum Data Volume per Sync Maximum amount of data that can be transferred in each data synchronization batch. |
No information available | |
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External Data Source Support Number of distinct external data sources/platforms natively supported. |
No information available |
Governance & Workflow
(9 Yes /9 Known /10 Possible features)
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Role-Based Access Control Configurable access rights for users based on their organizational role. |
Role-based access control configurable at user and group levels. | |
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Multi-Level Approval Workflows Supports sequential or parallel approvals for risk decisions or changes. |
Supports multi-level approval workflows for risk and portfolio decisions. | |
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Policy & Procedure Tracking Tracks publication, acknowledgment, and compliance with policies. |
Tracks policy documents and compliance status within system. | |
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Regulatory Compliance Templates Built-in templates for key regulations (IORP, Solvency II, etc.). |
Templates for IORP, Solvency II, and other regulations supported. | |
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Audit Logging Comprehensive logs of all actions for compliance audits. |
Comprehensive audit logging for compliance and regulatory review. | |
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Exception Reporting Reports policy breaches or process exceptions automatically. |
Exception reporting is included in automated reporting workflows. | |
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Delegation Management Controls for assigning and tracking temporary/standing delegations. |
Delegation management features available for approval chains. | |
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Workflow Customizability Ability to design custom workflows to reflect organizational structure. |
Workflow customizability provided to reflect organizational structure. | |
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Compliance Dashboard Dedicated dashboard to track compliance at-a-glance. |
Compliance dashboards available for at-a-glance review. | |
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Number of Concurrent Approval Flows Maximum number of approval/review workflows running in parallel. |
No information available |
Security & Data Protection
(7 Yes /7 Known /10 Possible features)
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End-to-End Encryption Data encrypted during transmission and in storage. |
Data encryption in transit and at rest is a standard for SimCorp SaaS offerings. | |
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Multifactor Authentication Strong user authentication via two-factor or multifactor methods. |
Supports multifactor authentication as part of user access management. | |
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Single Sign-On (SSO) Integration with corporate user directories for SSO access. |
Single Sign-On (SSO) integration for enterprise user directories is supported. | |
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Data Masking Hides or anonymizes sensitive information in user interfaces/reports. |
Data masking/anonymization tools available for sensitive data sets. | |
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Cyber Threat Detection Monitors for and flags suspicious activities and breaches. |
No information available | |
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Granular Permissions Fine-grained control over who can view, edit, export, or share data. |
Granular permissions can be defined per user and data type. | |
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Automatic Session Timeout Logs out idle sessions after configurable periods. |
Automatic session timeout configurable for user accounts. | |
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GDPR/Privacy Compliance Tools Facilitates compliance with GDPR and similar data privacy laws. |
Tools and frameworks for GDPR compliance included. | |
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Encryption Key Management User-controlled key storage and rotation. |
No information available | |
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Security Patch Update Frequency How often security updates/patches are issued by the provider. |
No information available |
Performance & Scalability
(2 Yes /2 Known /10 Possible features)
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System Uptime Service availability for users. |
No information available | |
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Web Interface Response Time Average time to load or perform core workflows. |
No information available | |
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Max Concurrent Users How many users can work simultaneously without degradation. |
No information available | |
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Portfolio Capacity Maximum number of portfolios/accounts the system can manage. |
No information available | |
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Transaction Processing Speed Transactions that can be processed per second. |
No information available | |
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Real-Time Analytics Support Allows analytics and risk calculations to run in real time. |
Real-time analytics are supported for risk, performance, and exposure calculations. | |
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Scalable Cloud Architecture Can be deployed elastically to handle variable workloads. |
Cloud deployment is scalable to handle large volumes and variable workloads. | |
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Disaster Recovery Time Objective (RTO) Targeted recovery time after an outage or disaster. |
No information available | |
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Data Retention Period Maximum period transactional/risk data can be reliably stored. |
No information available | |
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Backup Frequency How often does the platform back up data. |
No information available |
User Experience & Training
(9 Yes /9 Known /10 Possible features)
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Customizable User Interface UI layouts, dashboards, and widgets can be customized per user. |
User interface is highly configurable for dashboards and data views. | |
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Accessibility Compliance Follows accessibility standards (WCAG, section 508). |
SimCorp follows accessibility standards such as WCAG in UI design. | |
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Multilingual Support Available in multiple user interface languages. |
Multilingual interface options available. | |
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In-Platform Guided Tutorials Contextual help and walkthroughs available in software. |
Guided tutorials and contextual help are available in-platform. | |
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Dedicated Support Portal 24/7 access to technical documentation and help. |
Dedicated support portal available for clients. | |
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User Community Forums Online user groups for peer-to-peer support. |
SimCorp hosts user forums for client interaction and peer support. | |
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On-Demand Training Materials Video, documentation, and e-training modules available. |
On-demand training resources and e-learning modules available. | |
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Implementation Assist Personalized onboarding and system setup support. |
Implementation support provided including onboarding specialists. | |
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Customization Time Estimated time to customize the platform for an enterprise client. |
No information available | |
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Mobile Accessibility Optimized and accessible for mobile/tablet devices. |
Platform is mobile-optimized for tablet/device access. |
Audit & Regulatory Compliance
(8 Yes /8 Known /10 Possible features)
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Automated Regulatory Reporting Pre-built tools and templates for regulatory filings (e.g., IORP II, Solvency II). |
Regulatory report templates (e.g., Solvency II) are included and auto-filled from risk data. | |
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Audit Trail for Regulatory Activities Complete record of regulatory activities and changes. |
Audit trails for regulatory and risk management activities are maintained. | |
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Change Management Logging System logs all configuration changes for auditability. |
Change management logs tracked for audit and compliance. | |
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Version Control for Documents Enables audit of changes in key policy or regulatory documents. |
Version control for documents and compliance policy files available. | |
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Regulatory Update Alerts Auto-alerts for regulatory changes impacting pension funds. |
Regulatory alerts and change notifications provided. | |
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Compliance Evidence Repository Central store for documents recording evidence of compliance. |
Evidence repository for compliance documents available in the platform. | |
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External Audit Access Portal for external auditors to securely access required data. |
External audit/examiner access and portal capabilities provided for regulatory reviews. | |
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Update Time for Regulatory Changes Time taken for new regulations to be reflected in system tools/templates. |
No information available | |
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Regulatory Frameworks Supported Number of regulatory frameworks natively supported. |
No information available | |
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Role-Based Compliance Reporting Generates reports tailored for various compliance stakeholders. |
Reports can be customized by compliance stakeholder role. |
Vendor Support & Service Level
(8 Yes /8 Known /10 Possible features)
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24/7 Customer Support Live assistance available at all times for critical queries. |
24/7 global client support available. | |
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Dedicated Account Manager A single point of contact for enterprise clients. |
Dedicated account manager for enterprise clients. | |
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Regular System Updates Routine deployment of new features and fixes. |
SimCorp regularly deploys improvements and feature updates. | |
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Service Level Agreements (SLA) Clearly defined uptime, response, and issue resolution commitments. |
SLAs with uptime, support, and resolution targets are standard in contracts. | |
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Incident Resolution Time Average time to resolve support incidents. |
No information available | |
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System Customization Support Provides tailoring of the platform for organization-specific needs. |
Customization of the system for clients is part of SimCorp's implementation methodology. | |
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Client User Group Meetings Organizes regular opportunities for client feedback. |
User group meetings and customer feedback events held regularly. | |
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Onsite/Remote Training Availability Direct training options for large organizational rollouts. |
Onsite and remote training delivery options available for clients. | |
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Average Upgrade Rollout Time Average time to deliver major system upgrades. |
No information available | |
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Knowledge Base Completeness Extent of up-to-date support, FAQ, and help documentation. |
undefined Comprehensive, up-to-date knowledge base maintained online. |
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