News and announcements
  • SimCorp A/S – revision of full year guidance for 201418 December 2014

    As indicated in the 9M interim financial report, SimCorp is currently engaged in a number of late stage contract negotiations with new and existing clients.

    SimCorp does not expect to be able to complete the negotiations and obtain signatures on some of these contracts before the end of 2014. As a consequence, SimCorp revises its expectation for revenue growth in reported currency to be around 4% (previously around 7%) and its expectation for EBIT margin in reported currency to be around 23% (previously around 24%).

    In local currencies SimCorp now expects revenue growth to be around 4% (previously around 7%) and EBIT margin measured in local currencies to be around 23% (previously around 24%).

    SimCorp will, as previously announced, issue the annual report for 2014 on February 16th 2015.

    Enquiries regarding this announcement should be addressed to:

    Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000)

    Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 8800, +45 2811 3828)

    Company Announcement no. 54/2014

  • Share buyback program18 December 2014

    On 1 September 2014 SimCorp A/S announced a share buyback program in compliance with the provisions of Commission Regulation No. 2273/2003 of 22 December 2003, also referred to as the “Safe Harbour”.

    In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 10.0m (approx. DKK 74.6m) in the period from 2 September 2014 to 13 February 2015.

    The following transactions have been executed under the program:

    Date                 

     

    Number of shares

    Average purchase price (DKK per share)

    Amount (DKK)

    Accumulated under the program as of last announcement:

    386,439

    165.82

    64,079,197

    9 December 2014

    1,000

    170.30

    170,300

    10 December 2014

    1,200

    169.40

    203,280

    11 December 2014

    1,500

    166.38

    149,570

    12 December 2014

    1,000

    165.48

    165,480

    15 December 2014

    3,769

    162.46

    612,311

    16 December 2014

    5,800

    159.92

    927,536

    17 December 2014

    3,500

    160.12

    560,420

    Accumulated under the program following above purchases:

    404,208

    165.68

    66,968,094

    Following above purchases, SimCorp holds 980,076 treasury shares corresponding to 2.36% of the share capital.

    Purchases for an amount of EUR 1.0m (approx. DKK 7.6m) remain to be executed under the program.







    Enquiries regarding this announcement should be addressed to:

    Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000)

    Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 8800, +45 2811 3828)





    Company Announcement no. 53/2014

  • SimCorp Named Best Front-to-Back Office Provider of the Year at Funds Europe Awards 20149 December 2014

    SimCorp today announced it has been named Front-to-Back Office provider of the year at the Funds Europe Awards 2014.

    The award builds on recent success for SimCorp at the Buy-Side Technology Awards, for Investment Book of Records (IBOR) capabilities, and the Global Custodian awards, which recognized the firm’s platform for OTC derivatives. 

    “Seamless integration of front-to-back office functions is essential in the demanding and constantly shifting regulatory environment, and asset managers can no longer risk relying on legacy investment management systems,” said Klaus Holse, CEO at SimCorp. “With SimCorp Dimension, the front-to-back office technology is designed to simplify a firm’s technological landscape yet equip it to monitor all processes and manage resultant risks. This is the second year in a row that our role in helping clients to achieve business success has been recognized by Funds Europe and this is really encouraging. We’re particularly excited that this year our front office capabilities have been recognized as this has been an area of intense focus for us in recent years.” 

    SimCorp Dimension is an integrated platform, covering front-to-back office requirements, which taps into a single source of high-quality position data across all listed asset classes. It helps firms to handle investment workflows more efficiently by automating all front-to-back office processes, which in turn reduces costs and the operational risks presented by manual workflows. 

    Holse continues, “Every year, we invest more than 20 percent of our revenue back into SimCorp Dimension. We upgrade it twice annually to ensure the platform can address our clients’ current needs.” 

    The winning entry highlighted recent SimCorp Dimension upgrades that have allowed powerful data management tools integrated in the back office to also offer timely insight for the front office. These upgrades improve support for investment decision-making and facilitate enhanced operational efficiency.

    Enquiries regarding this announcement should be addressed to:
    John Mayr, SimCorp UK (+44 207 260 1903)


    About SimCorp
    Since 1971, SimCorp has been providing investment and portfolio management software and services to the world’s leading investment managers, asset managers, fund managers, fund administrators, pension funds, insurance funds, and wealth managers. Based on its world-class software platforms, SimCorp Dimension and SimCorp Coric, SimCorp provides global financial organizations with the tools they need to mitigate risk, reduce cost, and enable growth. Listed on the NASDAQ OMX Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.

  • Share buyback program 9 December 2014

    In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 10.0m (approx. DKK 74.6m) in the period from 2 September 2014 to 13 February 2015.

    The following transactions have been executed under the program:

    Date                

     

    Number of shares

     

    Average purchase price (DKK per share)

    Amount (DKK)

     

    Accumulated under the program as of last announcement:

    362,298

    165.95

    60,121,586

    2 December 2014

    9,900

    161.70

    1,600,830

    3 December 2014

    7,041

    163.78

    1,153,175

    4 December 2014

    5,000

    165.69

    828,450

    5 December 2014

    1,200

    169.38

    203,256

    8 December 2014

    1,000

    171.90

    171,900

    Accumulated under the program following above purchases:

    386,439

    165.82

    64,079,197

    Following above purchases, SimCorp holds 962,307 treasury shares corresponding to 2.32% of the share capital.

    Purchases for an amount of EUR 1.4m (approx. DKK 10.5m) remain to be executed under the program.


    Enquiries regarding this announcement should be addressed to:
    Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000)
    Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 8800, +45 2811 3828)

    Company Announcement no. 52/2014 

  • SimCorp’s Financial calendar 20155 December 2014

    6 February 2015
    Deadline for submission by shareholders of SimCorp of resolutions to be considered by the Annual General Meeting 2015

    16 February 2015
    Publication of Annual Report 2014

    23 March 2015
    Annual General Meeting                                    

    26 March 2015
    Expected date for payout of dividend

    8 May 2015
    Publication of interim financial report Q1 2015

    18 August 2015
    Publication of interim financial report H1 2015

    6 November 2015
    Publication of interim financial report first nine months of 2015

     

    The reports are expected to be sent out in the late afternoon after the market has closed.

    Enquiries regarding this announcement should be addressed to:

    Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 8800, +45 2811 3828)

     

    Company Announcement no. 51/2014

SimCorp's Annual Report 2013Read about our performance for 2013 and our plans for 2014.Download
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Chief Financial Officer

+45 3544 6858
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