Technology
Investment Solutions Provider Wins Deal With Thailand's Central Bank

The central bank of Thailand has signed to a platform operated by SimCorp.
SimCorp, which provides investment management solutions and services, has signed up Thailand’s central bank as a client. The Bank of Thailand has selected SimCorp Dimension as its new investment management platform to support the reserve management and monetary policy operations of its $226 billion reserves.
Using SimCorp Dimension’s integrated IBOR (Investment Book of Record), the bank will use the system to manage its end-to-end business processes across all asset classes. The system will in particular be used to support financial risk management, performance and attribution, compliance, collateral management, settlement and accounting.
By integrating all operations onto a single system, the bank will have a unified view of assets for risk assessment and compliance at all times, SimCorp said.