Main news of the Sofia S64 release

Financial Instruments

Alternative Investments Funds

The Alternative Investments Funds module has been improved with new functionalities and it’s now possible to manage also closed funds with non-fixed shares issued during the fund’s lifetime.

For further information: sofia.FIA@simcorp.com

Currency exposure

The “zoom-in” tool, which divides currency derivatives positions in different rows for each of the involved currencies and was already available for FX forward contracts and currency spots, has been enhanced and extended to currency futures.
As a result, it is now possible to perform more precise analyses on the portfolios’ currency exposure.

For further information: sofia.derivatives@simcorp.com

Compliance

Segregated Funds

Following the introduction of Provision no. 68 IVASS, it is now possible to manage the “Riserva fondo utili” for all types of segregated funds. Moreover, the Segregated Funds module has been updated in order to support the management of the previously implemented segregated funds as well as the new ones, both those that fully apply the “Riserva fondo utili” and the mixed ones.

For further information: sofia.gsrt@simcorp.com

New module “Profit and Loss Attribution”

The new module “P/L Attribution” is now available, supporting the ex post analysis of the causes and sources of profits and losses for each of the asset classes in which the portfolio has invested. This analysis allows to highlight the sources of gains and losses of a portfolio value in relation to specific risk factors.

For further information: sofia.risk-alm@simcorp.com

Solvency II

Pillar I – SCR – Thanks to the integration of the SCR calculation engine with the “Fund Composition Import (TPT)” module, the SCR module is enriched with new features that allow the calculation of the SCR in Look Through optics even when the composition is imported via the Tripartite Template.

For further information: sofia.scr@simcorp.com

User Functions

The Sofia Tiles

The Sofia main screen has been enriched with the new Tiles, that allow a quicker access to some of the Sofia environments not only with pre-determined parameters, but also directly launching a macro in that environment.
Thanks to the Tiles feature it is then possible to open a screen having directly only the relevant rows and columns and the values calculated on a chosen set of parameters.

For further information: sofia.info@simcorp.com

Data Reference Standard Import

The “Data Reference Standard Import” module, which allows to acquire assets’ data by means of an Excel or CSV file, has been enriched with new features related to the import of events. In addition to the already supported events (Dividends, Coupons, Call, Put and Sink), it is now possible to import also Mergers, Spinoffs, Bonus Issues, Right Detachments, Groupings, Split and Share Premium.

For further information: sofia.info@simcorp.com

Help desk utility

We work to make sure that there is the least possible need, but also to make it easier for users to report any errors, the system errors screen has been enriched with the new "Copy" and "Export" actions that allow, respectively, to:

• copy to clipboard (and then paste in a mail) all the information relevant for the error analysis by the help desk;

• export the error log file, in order to send it to the SimCorp Italiana help desk.

For further information: sofia.info@simcorp.com