Case Study: Bank of Thailand achieves 90% increase in straight-through processing with SimCorp

Bank of Thailand boosts straight-through processing 90% with SimCorp

The Bank of Thailand, the central bank responsible for managing over USD 250 billion in foreign exchange reserves, faced challenges from fragmented legacy systems that restricted investment flexibility and introduced high operational risk. Limited straight-through processing and manual workflows hindered their ability to manage growing transaction volumes efficiently. To address this, the bank selected SimCorp and its front-to-back investment management platform to unify its operations.

The solution implemented by SimCorp replaced four legacy systems with a single platform built on an Investment Book of Record (IBOR). This transformation resulted in a 90% increase in straight-through processing, a 70% reduction in time spent on reporting, and a 50% increase in rules automation. These measurable gains dramatically reduced manual intervention, minimized operational risk, and provided the bank with the scalable infrastructure needed to expand into complex new asset classes and derivatives.

Bank of Thailand