SimCorp

SimCorp A/S is a global company providing software and services to financial institutions such as asset managers, banks, central banks, pension funds, sovereign wealth funds and insurance companies worldwide.^[1] Founded in 1971, it has over 3000 employees.^[2]

SimCorp A/S

Company type	Subsidiary
Industry	Financial software
Founded	1971; 54 years ago (1971)
Headquarters	Copenhagen , Denmark
Number of locations	20
Key people	Christian Kromann (CEO) Peter Schütze (Chairman)
Products	SimCorp Dimension, SimCorp Coric, SimCorp Gain, SimCorp Sofia, and SimCorp One
Revenue	€382.6 million[1] (2018)
Operating income	€103 million[1] (2018)
Net income	€77 million[1] (2018)
Total equity	DKK 20.23 billion[1] (2018)
Number of employees	c. 3,100 (2024)
Parent	Deutsche Börse Group
Website	simcorp.com

SimCorp is headquartered in Copenhagen and has offices in over 35 locations throughout Europe, Asia, and North America.^[3] Listed on the Nasdaq Copenhagen exchange until 2023, its core product is the SimCorp Dimension,^[4][5][6] a front to back integrated investment management system^[3] used by more than 190 clients around the world.

In 2023, stock exchange operator Deutsche Börse agreed to buy SimCorp for €3.9 billion.^[2] On November 9, Deutsche Börse announced that it had completed the purchase of the company.^[7]

Acquisitions

Over the years, SimCorp has acquired several companies:

• Equipos, now SimCorp Coric, was acquired in 2014 and offers client reporting software.^[8]
• APL Italiana, now SimCorp Italiana, was acquired in 2017 and provides integrated investment management software for the Italian insurance market.
• AIM Software, now SimCorp Gain, was acquired in 2019 and focuses on enterprise data management software for the buy side.
• Axioma Inc., was acquired in 2023 and provides factor risk models, portfolio construction tools, and multi-asset class enterprise risk solutions.^[9]