SimCorp A/S embodies the union of tradition and innovation in the financial world. Its impressive track record, commitment to excellence and consistent financial performance make SimCorp a key player to watch in the world of asset management. Explore with us the exciting future SimCorp continues to chart in the dynamic world of finance.
Company profile: history and activities
Founded in 1971 by Peter Schütze and headed by Christian Kromann, SimCorp AS has emerged as a driving force in financial software.
SimCorp stands out for its integrated software solutions that optimize investment management, risk management and regulatory compliance. Its innovative products are essential partners for financial institutions, delivering industry-leading operational efficiency and asset management. Offering a comprehensive range of end-to-end solutions, whether via a SaaS platform or as an on-premise solution, SimCorp meets the diverse needs of customers worldwide, ranging from central banks and sovereign wealth funds to pension and insurance funds, as well as asset and wealth managers.
Since its inception, SimCorp has evolved in close collaboration with the investment industry to shape a world-class platform. Today, as a subsidiary of the Deutsche Börse Group, headquartered in Copenhagen, Denmark, SimCorp continues to write the history of innovation in asset management.
Growth and development
Over the years, SimCorp has enjoyed remarkable growth, consolidating its position as an industry leader. Its constant advances in financial technology have shaped the industry and been the catalyst for global expansion. The company has adapted to market changes, offering ever more sophisticated solutions to meet the changing needs of its customers.
Indeed, in November 2023, the announcement of the merger with Axioma, a leader in portfolio optimization and risk management solutions, opens up new perspectives. By integrating Axioma's strengths into its ecosystem, SimCorp offers its customers a cutting-edge technological platform, merging comprehensive front-office, middle-office and back-office capabilities for optimal investment and risk management.
A closer look at its financial performance
SimCorp has raised strategic funds to support its expansion and R&D initiatives. These investments have strengthened SimCorp's position as a pioneer in financial innovation.
With steady growth, SimCorp has demonstrated a solid financial performance. Its sales of over €700 million reflect its commitment to operational excellence and efficient asset management.
SimCorp's market valuation has evolved significantly, reflecting investor confidence in its innovative business model. It is now estimated at 28.80 Md. EUR, testifying to the company's financial strength on world markets.
SimCorp AS : key information
Number of employees
More than 2,800 SimCorp'er worldwide, in over 30 offices worldwide
Sales figures
The company generates gross sales of over 700 million euros.
Initial public offering
No recent IPO.
Scalability
This synergy enables SimCorp to provide 40% of the world's top 100 financial companies with the efficiency and flexibility they need to thrive.
Mantra / Quote
"In response to the changing competitive and economic landscape, there is an urgent need for buy-side companies to leverage cutting-edge technology to optimize investment operations and, ultimately, differentiate themselves from their competitors"says Christian Kromann, Managing Director of SimCorp.
