SimCorp, a subsidiary of Deutsche Börse Group, has made waves in the wealth management sector with the launch of its new flagship integrated platform solution for buy-side firms, SimCorp One. This comprehensive offering includes Dimension, Axioma, Client Communications, Data Management Services, Business Services, and an ecosystem of third-party solutions all linked to SimCorp’s Investment Book Of Records (IBOR).
SimCorp One aims to address the front-to-back needs of all investment managers, providing real-time total portfolio views, portfolio construction, analytics, risk management, client communication automation, cloud services for managing market and reference data, investment accounting services, and investment operations services. Christian Kromann, the chief executive of SimCorp, emphasized the importance of simplification in decision-making for clients in the rapidly evolving financial services landscape.
The firm highlighted the increasing complexity in financial services and investment management due to regulations, competition, customer demands, macro uncertainty, AI, and privacy concerns. Kromann referred to this as “The Decision Era,” where the focus shifts from information and analysis to decisions and outcomes. SimCorp believes that simplification is key to unlocking better decision-making potential for clients, from choosing operating models to ongoing alpha optimization and operational execution.
With the launch of SimCorp One, the firm is positioning itself at the forefront of innovation in wealth management technology, offering a comprehensive solution to meet the evolving needs of investment managers in a rapidly changing industry landscape.
