Case Study: EFA achieves 100% automated market data pricing with SimCorp Data Management

EFA automates market data pricing with 91% STP using SimCorp

EFA, a European fund administrator, faced the challenge of consolidating and industrializing the collection, validation, and dispatch of securities and financial instrument data to support its growing business and expanding service lines. To address this, the company selected SimCorp Data Management to automate its market data pricing processes.

SimCorp implemented its Data Management solution, developing specific functionality with EFA as a development partner to meet their unique pricing policy requirements. The solution resulted in EFA achieving 100% automation of market data pricing with a 91% straight-through processing rate, significantly reducing manual work and exceptions while allowing them to manage a high volume of daily price calculations efficiently.

EFA