Innovation
Customer-led, future-assured
SimCorp is unmatched in the financial software industry when it comes to continuous investment into research and development. SimCorp bases its unparalleled commitment on an understanding of the priorities of our customers and from a keen awareness of market trends and issues. As a result, SimCorp can release upgrades of SimCorp Dimension on a semi-annual basis. These upgrades are packed with additional functionality and enhancements, enabling clients to tackle the real challenges that investment managers continuously face.
Commitment
SimCorp is renowned for its strong commitment to investment in R&D, and is constantly alert to new market trends and client requirements. To make SimCorp’s substantial investments yield the desired results, it is essential to ensure that its technological innovations meet client needs and are adaptable to the ever-changing market environment.
User-driven innovation
SimCorp strongly believes in user-driven innovation as a basis for the continued development of state-of-the art functionality. At SimCorp, development is an interactive process. Strong attention is paid to industry trends and there is a high degree of client involvement via activities such as user community meetings, workshops and focus groups.
Business model
SimCorp’s business model is based on establishing long-term relationships with clients and committing increasing resources to software R&D. SimCorp supports this model by continuously developing the education and know-how of its employees.
Unprecedented upgrade cycle
‘Every six months, we provide new functionality to our product SimCorp Dimension and have done so for the past 12 years. I am not aware of anybody else within our industry who invests as much as SimCorp on R&D for one product alone.’
Peter Theill, Executive Vice President, Product Development
Innovation at SimCorp – a few numbers
- SimCorp's innovative business activities are based on financial expertise and software know-how.
- More than 80% of SimCorp’s employees hold academic degrees, mostly within finance, economics, IT or engineering.
- R&D costs 2008: Share of costs: 32%; Growth relative to 2007: 27%
Read more about SimCorp Dimension