Based on a comprehensive selection process PKA has entered into an agreement with SimCorp and has licensed SimCorp Dimension, which will substitute a number of systems within PKA and also replace internal system development. Due to the complexity of their requirements, PKA found that SimCorp was the only vendor that could fulfil all their needs.
The automation of SimCorp Dimension, the straight-through processing capability and the broad coverage of instruments and functionality will position PKA to meet future requirements. With this agreement SimCorp further strengthens its position in the Nordic market. The diversity and flexibility of SimCorp Dimension enable SimCorp to deliver proven solutions to many different segments within the financial sector.
This new SimCorp Dimension order does not change the companyâs expectations to the yearâs result.