SimCorp A/S Press release SimCorp proves readiness to process SWIFT ISO 20022 MX messages

SWIFT and SimCorp have together successfully completed a proof of concept,
which demonstrates that SimCorp Dimension, SimCorp's market-leading solution
for investment management businesses, can accept, process and transmit SWIFT
ISO 20022 MX messages. MX messages are increasingly used in the securities
industry, with adoption extending beyond Europe to Asia and the U.S. 

MX messages offer more clarity and have wider application than earlier
protocols, so their use enables investment managers to improve
straight-through-processing rates. Consequently they can drive down costs,
reduce operational risk and readily accommodate increased volumes as their
businesses grow. 

MX messages usage on SWIFT is steadily increasing for mutual and pension funds
flows automation, while new MX messages to support corporate actions and
securities settlement will go live later this year. The proof of concept
involved bringing together SWIFT's Alliance Integrator, the configurable
SWIFT-specific integration platform, and SimCorp Dimension. This combined
solution will be complemented in future by one based solely around SimCorp
Dimension. 

Patrik Neutjens, head of partner management at SWIFT says: “SimCorp is a
longstanding member of SWIFT's partner programme and geared up to position
itself as a front-runner software provider in terms of MX adoption. We value
our partnership with this leading-edge investment management software provider
and are confident that our partnership will translate into tangible added value
for SimCorp users.” 

Marc Schröter, vice president at SimCorp highlights the significance of the
successful project: “The range of MX messages of direct interest to the
investment management community, notably for securities settlement and
corporate actions, will broaden dramatically over the next year and beyond. We
are very happy to have been able to work with SWIFT to show that we are ready
to offer our customers the solution they will require as they move forward.” 

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Enquiries regarding this announcement should be addressed to:       
Marc Schröter, Vice President, SimCorp A/S, +45 3544 8800, +45 4075 2750

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About SimCorp
SimCorp is a leading provider of highly specialised software and know-how for
the financial sector. Established in 1971, with more than 1,100 employees,
SimCorp is listed on the NASDAQ OMX Copenhagen A/S. The SimCorp system, SimCorp
Dimension, is sold, implemented and supported by the head office in Copenhagen
and subsidiaries and branches in Amsterdam, Brussels, Frankfurt, Helsinki, Hong
Kong, Kiev, London, Los Angeles, Munich, New York, Oslo, Paris, Stockholm,
Sydney, Toronto, Vienna and Zurich. 

About SWIFT 
SWIFT is a member-owned cooperative that provides the communications platform,
products and services to connect over 8,500 banking organisations, securities
institutions and corporate customers in more than 200 countries. SWIFT enables
its users to exchange automated, standardised financial information securely
and reliably, thereby lowering costs, reducing operational risk and eliminating
operational inefficiencies. SWIFT also brings the financial community together
to work collaboratively to shape market practice, define standards and debate
issues of mutual interest.