The Central Bank of Sri Lanka is to install SimCorp’s Dimension as its investment platform. The front-to-back system will be used to manage the investment operation of the Sri Lankan official reserve fund. The implementation is part of the bank’s long-term development plan, namely the strengthening of its operations and risk management functions. The SimCorp system will be used for a range of the bank’s front, middle and back-office processes including its investment book of record, automated investment service, compliance and performance reporting as well as investment accounting. Although SimCorp is more commonly associated with asset management firms, the Central Bank of Sri Lanka is one of a steadily rising number of international central banks among its client list, according to the vendor’s senior vice president and managing director for Asia-Pacific, Oliver Johnson. © 2020 funds global asia