Case Study: Central Bank of Trinidad and Tobago reduces operational risk and improves STP with SimCorp

How SimCorp's solutions helped the bank improve their STP rate and reduce operational risks

The Central Bank of Trinidad and Tobago implemented SimCorp in 2017 to help manage its reserve portfolio and address key challenges around operational risk. The bank also aimed to improve straight-through processing across front office, middle office, and back office functions.

With SimCorp’s solution, the Central Bank of Trinidad and Tobago achieved end-to-end STP from trading through performance and compliance management to settlement and accounting. SimCorp helped reduce operational risk significantly, delivering on the bank’s overall objective.

Central Bank of Trinidad and Tobago

Wendy D’Arbasie

Manager, Reserves and Domestic Market Management