The latest technology news in the wealth management sector from around the world.

SimCorp
SimCorp, a subsidiary of Deutsche Börse Group, has rolled out its new flagship integrated platform solution for buy-side firms such as asset managers, SimCorp One.

The offering includes Dimension, Axioma, Client Communications, Data Management Services, Business Services as well as SimCorp’s ecosystem of third-party solutions. These are linked to SimCorp’s Investment Book Of Records (IBOR).  

(Dimension delivers real-time total portfolio views; Axioma is SimCorp’s suite of solutions for portfolio construction, analytics and risk management; Client Communication is a solution that automates end-to-end client communication and reporting processes; Data Management Services is SimCorp’s cloud service ecosystem for managing market and reference data; Business Services is SimCorp’s offering of investment accounting services and investment operations services; and Integrated Ecosystem is the firm’s curated partner ecosystem providing access to solutions and services.)

“SimCorp One is a full suite of investment solutions to address the front-to-back needs of all investment managers,” SimCorp chief executive Christian Kromann said. 

The firm said its solution handles how financial services and investment management in particular have become gradually more complex with added regulations, increasing competition, growing customer demands, heightened macro uncertainty, AI and privacy concerns, and more.   

“This is the brink of a new era, where the focus shifts from information and analysis to decisions and outcomes. We call this “The Decision Era” and it reflects this new operating reality for our clients. We believe simplification is a key to unlocking the potential for better decision-making – from the choice of operating model to ongoing alpha optimisation and operational execution,” Kromann said.