Thursday, December 12, 2024

CBSL: Selects SimCorp for front to back reserve management

  • SimCorp provides integrated, best-in-class, multi-asset investment management solutions to the world’s leading asset managers
  • Announces that the Central Bank of Sri Lanka (CBSL), has signed an agreement with SimCorp Asia Pacific
  • The CBSL implement SimCorp’s flagship front-to-back investment platform to manage the investment operation of the country’s official reserves
  • The agreement aims to deliver the CBSL with increased operational resilience, improved automation
  • The implementation of SimCorp Dimension is part of a long-term strategy to strengthen the bank’s operational efficiency and risk management
  • The mandate will see SimCorp’s automated investment solution streamline the bank’s investment management

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