HOOPP Prepares For Accounting Upgrade
The Healthcare of Ontario Pension Plan (HOOPP), which implemented SimCorp Dimension for its back-office investment accounting about two years ago, is anticipating greater OTC derivatives capability from upgrading to the latest version, 5.1, of the software.
While Dimension is an investment management system, HOOPP's investment accounting unit uses the software, explains Bav Lad, director of investment data management at HOOPP in Toronto. "There's new functionality around [SimCorp's] swaps
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