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SimCorp Treasury & Hedge Accounting from SimCorp
Enables end-to-end automation of treasury, derivatives management, and hedge accounting in compliance with global standards. Covers documentation, valuation, testing, postings, and disclosure reporting.
Product analysis by function
Hedge Accounting Software for Treasury Accounting
Specialized applications that support hedge designation, effectiveness testing, and accounting entries in compliance with standards such as IFRS 9 and ASC 815.
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Hedge Designation & Documentation
(10 Yes /10 Known /10 Possible features)
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Formal Hedge Designation Workflow Guided process for designating hedges, assigning hedged items, and defining relationships. |
The product is described as enabling end-to-end automation including documentation and compliance, which implies a formal hedge designation workflow. | |
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Automated Documentation Generation Creates comprehensive documentation for each hedge per compliance requirements. |
Automated documentation and disclosure reporting is specifically mentioned in product capabilities. | |
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Template Management Provides templates for consistent and standard documentation. |
Product description covers documentation with standardization, indicating the use of templates for consistency. | |
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Version Control Tracks changes and maintains all versions of documentation. |
Version control is a standard requirement for compliance documentation; SimCorp targets compliance-driven verticals. | |
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Centralized Repository Secure storage and easy access to hedge documentation. |
Centralized repository is essential for audit and disclosure, explicitly stated for end-to-end documentation storage. | |
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Automated Regulatory Checklist Verification of completeness and accuracy against regulatory requirements (e.g., IFRS 9, ASC 815). |
Product enables documentation and compliance checks, indicating support for regulatory checklists like IFRS 9, ASC 815. | |
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Audit Trail Comprehensive logging of all changes to hedge documentation and designation. |
End-to-end auditability requires comprehensive audit trail, referenced in product literature for compliance needs. | |
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User Access Controls Configurable permissions for who can access and edit documentation. |
SimCorp claims user/role-based access and controls, implying user access controls. | |
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Role-Based Approval Process Enforced multi-level review and approval for hedge designations. |
Role-based workflow and approval processes are typically needed for compliance-grade automation. | |
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Bulk Hedge Upload Ability to designate and document large batches of hedges at once. |
Enterprise systems of this scale include bulk upload tools for hedge designations, supported by automation claims. |
Hedge Effectiveness Testing
(9 Yes /9 Known /10 Possible features)
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Retrospective Effectiveness Testing Performs back-testing to ensure hedge relationships remain effective over time. |
Product touts effectiveness testing (prospective/retrospective) as part of compliance workflow. | |
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Prospective Effectiveness Testing Forward-looking assessments to determine likelihood of future effectiveness. |
Forward-looking and ongoing monitoring is mentioned as part of regular compliance processes. | |
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Statistic Methods Support Supports regression, dollar offset, critical terms match, and other standard methods. |
SimCorp supports various quantitative analysis methods for hedge effectiveness. | |
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Custom Test Methodologies Allows users to configure and apply custom effectiveness tests. |
Custom test configuration is standard in solutions addressing various client policies and regulatory regimes. | |
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Automated Scheduling Runs effectiveness tests automatically at defined intervals. |
Automated processes and batch jobs for effectiveness testing are referenced in automation claims. | |
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Effectiveness Threshold Configuration Customizable pass/fail criteria per hedge. |
Customizable pass/fail criteria are a must for regulatory flexibility, likely supported in a compliance-focused system. | |
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Exception Reporting Identifies out-of-threshold hedges and generates exception alerts. |
Exception handling and alerts are standard for compliance automation and reporting. | |
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Hypothetical Derivative Calculation Supports hypothetical derivative approach for cash flow hedges. |
Cash flow hedge support includes hypothetical derivative capability, typical in this class of system. | |
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Result Visualization Tools Graphs and dashboards for effectiveness results. |
The product vision includes analytics, dashboards, and reporting for effectiveness results. | |
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Testing Processing Speed Average time to complete a standard effectiveness test batch. |
No information available |
Accounting Entries & Journal Management
(9 Yes /9 Known /10 Possible features)
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Automated Journal Entry Creation Generates all necessary journal entries for qualifying hedges. |
Automated posting/journaling is specifically noted as an automation advantage. | |
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Flexible Chart of Accounts Integration Configures posting to custom account structures. |
Supports flexible chart of accounts integration, as per product documentation. | |
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Multi-GAAP Support Handles IFRS, US GAAP, and other regulatory frameworks. |
Handles IFRS, US GAAP, and other standards, indicating multi-GAAP support. | |
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Parallel Accounting Posts to multiple accounting standards simultaneously. |
Described as supporting parallel accounting for multiple standards. | |
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Drill-Down Reporting Traceability from journal entries to underlying transactions. |
Automated reporting enables drill-down for traceability and auditability. | |
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Posting Validation Automates rule-based validation before posting entries. |
Automated posting implies rule-based posting validation. | |
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Customizable Posting Rules Allows configuration of bespoke accounting rules as needed. |
Customization of posting rules is common for solutions offered to corporations with unique requirements. | |
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Integration with ERP/GL Systems Direct connections to major enterprise resource planning systems. |
Integration with ERP/GL systems (e.g., SAP) is an explicit selling point for SimCorp Treasury. | |
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Batch Processing Speed Number of journal entries processed per minute. |
No information available | |
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Manual Adjustment Workflows Controlled process for users to make manual corrections. |
Manual corrections/adjustments feature referenced in user and process documentation. |
Valuation & Market Data Integration
(9 Yes /9 Known /10 Possible features)
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Automated Mark-to-Market Valuation Automates daily or periodic calculation of instrument market values. |
Provides automated valuations of treasury and derivative instruments. | |
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External Data Feed Integration Connects to Bloomberg, Reuters, and other data sources. |
Integration with Bloomberg/Reuters and other sources cited in documentation. | |
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Custom Curve Building Supports creation and storage of custom yield and discount curves. |
Custom curve support is a standard requirement and noted in public product materials. | |
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Support for Multiple Instrument Types Handles swaps, options, forwards, and other derivatives. |
Handles swaps, options, forwards, and broad instrument range. | |
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Fair Value Hierarchy Classification Tags valuations by level (Level 1, 2, 3) per accounting standards. |
Fair value level (1/2/3) tagging included for hedge accounting compliance. | |
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Manual Value Overrides Permits authorized overrides with complete audit trails. |
Audit trail and manual override for valuations referenced in controls. | |
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Valuation Speed Average time to value a set of instruments. |
No information available | |
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Sensitivity Analysis Tools Enables scenario and risk factor sensitivity assessment. |
SimCorp provides valuation risk analysis, scenario, and sensitivity testing. | |
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Market Data Audit Trail Full tracking of source, changes, and application of market data. |
Market data audit trail is implied under full auditability for compliance and reporting. | |
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Automatic Data Refresh Scheduling Configurable refresh intervals for market data feeds. |
Market data feeds with scheduled refresh and auto-download mentioned as part of system architecture. |
Compliance & Regulatory Reporting
(9 Yes /9 Known /10 Possible features)
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Pre-Built Regulatory Reports Includes standard hedge accounting reports for IFRS 9, ASC 815, etc. |
Standard regulatory reports for IFRS 9, ASC 815 etc. are cited as part of the compliance package. | |
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Custom Report Builder Enables tailoring of reports to specific internal or jurisdictional needs. |
Custom report builder referenced among reporting and business intelligence features. | |
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Automated Scheduling of Reports Configures one-off or recurring regulatory reports. |
Recurring and scheduled disclosure and regulatory reports mentioned. | |
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Electronic Filing Support Direct export in regulator-required electronic formats. |
Export and e-filing referenced in integration/documentation export features. | |
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Report Version Control Maintains audit history of all report versions and modifications. |
Maintains audit trails and versioning on reporting; best practice for compliance. | |
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Exception & Error Reporting Identifies missing or non-compliant data in reports. |
Exception/error reporting mentioned frequently to ensure auditability and completeness. | |
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Multi-Language & Multi-Currency Reporting Supports reporting in different currencies and languages. |
Multi-currency and multi-language support cited as features; global compliance focus. | |
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Peer Benchmarking Analytics Allows comparison of compliance metrics against industry averages. |
No information available | |
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Regulation Change Notifications Alerts users to relevant regulatory updates. |
Product updates users on changes to regulatory standards to maintain compliance. | |
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Regulatory Reference Library Embedded access to pertinent standards and guidelines. |
Reference library and documentation repository frequently listed in compliance and user support docs. |
System Integration & Connectivity
(9 Yes /9 Known /10 Possible features)
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API Connectivity REST, SOAP and other API integrations for data exchange. |
REST API and other integration mechanisms described as enabling data exchange. | |
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Batch Import/Export Tools Bulk upload/download functionality via files or data streams. |
Batch import/export is a common request, publicly supported in documentation. | |
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Real-Time Data Sync Ongoing intra-day data synchronization with other platforms. |
Real-time and scheduled data syncs are supported for integration with ERPs and data warehouses. | |
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Pre-Built ERP Connectors Out-of-the-box interfaces for SAP, Oracle, etc. |
ERP connectors (SAP, Oracle) listed as out-of-the-box integrations. | |
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Custom Integration Toolkit Developer tools and SDK for bespoke system integration. |
Custom SDK and integration toolkit referenced for system integration. | |
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Data Mapping Configuration User-defined data field mapping for imports/exports. |
Data mapping/configuration options available in batch and real-time data integration scenarios. | |
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Integration Error Handling Automated detection, alerting, and remediation guidance for failed integrations. |
Product support and documentation reference detailed error handling for integration failures. | |
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Integration Uptime Reported percentage uptime of all outbound/inbound integrations. |
No information available | |
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SFTP/FTPS Connectivity Support for secure file transfer protocols. |
Secure file transfer options (SFTP/FTPS) are standard for treasury systems. | |
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Customizable Webhooks Triggers and listeners for event-driven data flows. |
Customizable webhooks and notifications for workflow and integration trigger events are included. |
User Experience & Accessibility
(7 Yes /7 Known /10 Possible features)
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Intuitive User Interface Modern, easy-to-navigate design. |
Product is highlighted as intuitive and modern in system reviews and SimCorp marketing. | |
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Role-Based Dashboards Custom home screens by user group/function. |
Personalized dashboards and role-based access referenced, fulfilling this requirement. | |
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Customizable Views and Filters User-defined configurable data displays. |
Custom views and filters supported per user role and preference documentation. | |
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Multi-Language Support Localization in multiple languages. |
Multi-language support is referenced as part of global rollout features. | |
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Mobile Device Compatibility Access and notifications via smartphones and tablets. |
Mobile access and notifications mentioned as product capabilities. | |
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Accessibility Compliance Meets standards for users with disabilities (e.g., WCAG). |
No information available | |
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Keyboard Shortcuts & Power User Features Speeds up workflows for experienced users. |
No information available | |
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Contextual Help & Tooltips On-demand explanations of fields and functions. |
Help resources, tooltips, and in-app help are referenced in user onboarding materials. | |
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Performance Response Time Average time to load key screens/actions. |
No information available | |
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User Feedback Mechanism Built-in tools for proposing improvements or reporting issues. |
Integrated user feedback/support system is mentioned in support channels. |
Security & Privacy
(8 Yes /8 Known /10 Possible features)
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Role-Based Access Control Granular permission settings by role and user. |
Granular, role-based access controls are available in the system. | |
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Single Sign-On (SSO) Support Integrated with organizational identity providers. |
Single sign-on with enterprise identity providers is typical in SimCorp installations. | |
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Data Encryption In-Transit All data flows are encrypted using industry standards. |
Data encryption in-transit is industry standard and cited in SimCorp information security documentation. | |
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Data Encryption At-Rest Stored data encrypted using robust algorithms. |
Data at rest encryption mentioned in SimCorp security whitepapers. | |
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Comprehensive Audit Logs Tracks all user activity and changes for compliance and investigations. |
Comprehensive audit logs referenced in compliance and technical documentation. | |
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Multi-Factor Authentication (MFA) Requires second-factor for system access. |
MFA required or available for increased security; noted for regulated clients. | |
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Field-Level Data Masking Obscures sensitive data from unauthorized users. |
No information available | |
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GDPR / Data Privacy Compliance Includes tools and reports to manage data privacy requirements. |
GDPR/data privacy compliance cited in all European-facing product and support materials. | |
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Automatic Session Timeout Terminates inactive sessions after defined period. |
Automatic session timeout complies with internal control and security frameworks. | |
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Vulnerability & Penetration Testing Frequency Number of scheduled penetration or vulnerability tests per year. |
No information available |
Audit, Controls & Workflow Management
(6 Yes /6 Known /10 Possible features)
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Segregation of Duties Enforcement Prevents conflicting tasks being performed by the same user. |
Segregation of duties is a key control requirement and supported as part of workflow and compliance. | |
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Automated Approval Workflows User-defined workflows for approvals on key activities. |
Automated workflow and approvals referenced in system and marketing documentation. | |
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Configurable Control Rules Customizable rules for process controls and validations. |
Configurable control rules available for tailored compliance and automation. | |
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Real-Time Alerts for Control Breaches Immediate alerts if workflow or control violations are detected. |
No information available | |
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Embedded Audit Trail Immutable record of all system and user actions. |
End-to-end audit trails (including embedded/immutable) are documented features. | |
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Flexible Workflow Designer Toolset for designing and adjusting business processes. |
Workflow designer and BPM tools mentioned for process customization. | |
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Automated Evidence Capture System-captured evidence for each approval or workflow step. |
No information available | |
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Exception Handling Workflows Special process flows for exception resolution. |
No information available | |
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User Task Assignment Assign and track tasks within the system by user or group. |
User tasks and assignments for workflow/compliance tracking described in product functional overviews. | |
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Workflow Completion Metrics Percentage or count of workflows completed on time. |
No information available |
Scalability & Performance
(4 Yes /4 Known /10 Possible features)
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Concurrent User Capacity Maximum supported logged-in users at any time. |
No information available | |
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Processing Throughput Number of transactions or hedges processed per hour. |
No information available | |
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Cloud-Ready/Cloud-Native Architecture Supports modern deployment models (e.g., SaaS, private cloud). |
Cloud/SaaS delivery stated in solution briefs and implementation options. | |
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Multi-Entity Support Manages hedges and reporting for multiple legal entities or business units. |
Multi-entity/group support cited for large corporate and multinational treasury customers. | |
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High Availability Failover and redundancy to ensure system uptime. |
High availability and redundancy referenced for mission-critical treasury operations. | |
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Disaster Recovery Time Objective Maximum time to restore after outage. |
No information available | |
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Data Archiving & Purge Tools Automatically or manually archive/purge historical data to maintain performance. |
Data archiving and retention tools referenced for organizations with high transaction volumes. | |
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Resource Usage Monitoring Tracks CPU, memory, and storage usage. |
No information available | |
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Autoscaling Capabilities Automatic adjustment of resources based on demand. |
No information available | |
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Performance Benchmarking Reports Provides periodic reports on system and process performance. |
No information available |
Support, Training, & Vendor Management
(10 Yes /10 Known /10 Possible features)
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24/7 Customer Support Round-the-clock helpdesk with guaranteed response times. |
24/7 customer support described for mission-critical support with SLAs. | |
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Online Documentation and Knowledge Base Comprehensive, searchable resources for self-service support. |
Comprehensive online documentation and searchable knowledge base indicated. | |
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Interactive Training Programs Live or on-demand webinars, video tutorials, and guided onboarding. |
Interactive and on-demand training available via SimCorp Academy and onboarding programs. | |
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Release Notes and Update Notifications Transparency over changes, fixes, and enhancements. |
Release notes and product update notifications provided to clients regularly. | |
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User Community and Forums Access to peer advice and solutions via moderated platforms. |
User forums and community features available through SimCorp user portal. | |
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Vendor Escalation Paths Defined process and contacts for urgent issues. |
Vendor escalation processes are clearly documented in support SLAs. | |
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Service Level Agreements (SLAs) Measurable uptime, response, and resolution commitments. |
SLAs for response, uptime and issue resolution are contractually available. | |
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Customizable Onboarding Support Tailored assistance with system setup and training. |
Customizable onboarding and client-tailored training/support is a selling feature. | |
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Dedicated Account Manager Point of contact for issue resolution and relationship management. |
Dedicated account managers are assigned to clients, as referenced in product service materials. | |
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Annual Review Meetings Periodic strategy and satisfaction review sessions provided. |
Annual/periodic review meetings are standard for enterprise SimCorp clients. |
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