SimCorp, a leading subsidiary of Deutsche Börse Group, has recently unveiled its new flagship integrated platform solution for buy-side firms in the asset management sector. The new offering, SimCorp One, includes a range of features such as Dimension, Axioma, Client Communications, Data Management Services, Business Services, and an Integrated Ecosystem of third-party solutions all linked to SimCorp’s Investment Book Of Records (IBOR).
Dimension provides real-time total portfolio views, while Axioma offers solutions for portfolio construction, analytics, and risk management. Client Communications automates client communication and reporting processes, while Data Management Services offers cloud-based services for managing market and reference data. Business Services include investment accounting and operations services, and the Integrated Ecosystem provides access to curated partner solutions and services.
SimCorp CEO, Christian Kromann, described SimCorp One as a comprehensive suite of investment solutions designed to meet the front-to-back needs of all investment managers. The company emphasized the increasing complexity of financial services and investment management, citing factors such as regulations, competition, customer demands, macro uncertainty, AI, and privacy concerns.
Kromann highlighted the shift towards “The Decision Era,” where the focus is on decisions and outcomes rather than just information and analysis. He emphasized the importance of simplification in unlocking the potential for better decision-making across various aspects of the investment process. SimCorp’s new platform aims to address these challenges and provide a streamlined solution for investment managers in an increasingly complex and competitive market.