News and announcements
  • Share buyback program21 October 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:

    208,920

    167.70

    35,035,653

    14 October 2014

    16,000

    161.50

    2,584,000

    15 October 2014

    17,251

    159.44

    2,750,499

    16 October 2014

    13,000

    155.70

    2,024,100

    17 October 2014

    6,000

    157.12

    942,720

    20 October 2014

    17,000

    158.96

    2,702,320

    Accumulated under the program following above purchases:

    278,171

    165.51

    46,039,292

     

    Following above purchases, SimCorp holds 854,039 treasury shares corresponding to 2.06% of the share capital.

    Purchases for an amount of EUR 3.8m (approx. DKK 28.6m) 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. 42/2014

     

     

     

  • SimCorp Webinar to Examine the Business Case for Implementing an IBOR20 October 2014

    SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced an upcoming complimentary webinar in conjunction with Waters Technology scheduled for October 22, 2014 at 11:00 a.m. EST.

    Entitled “IBOR: Driving Business Value for Investment Decisions, Risk Controls and Operations,” the webinar panel will feature industry experts Todd Healy, Head of Investment Operations, BMO Global Asset Management; Kjell Nordgard, Global Head of Information Systems, Norges Bank Investment Management; Mark Israel, Vice President Business Consulting & Investment Management Practice Lead, Sapient Global Markets; and Howie San, Data Management & Connectivity Global Domain Manager, Product Management, SimCorp. James Rundle, Deputy Editor at Waters Technology, will moderate the discussion.

     The one hour webinar will focus on:

    • The functions and attributes of a typical IBOR
    • The importance of maintaining an IBOR in today’s challenging operating environment
    • The challenges around implementing an IBOR and what buy-side firms typically overlook when developing an IBOR
    • How an IBOR changes the daily behavior across an organization, especially in the front-office

    To register for the webinar and read more, please visit here.

    - - -

    Enquiries regarding this announcement should be addressed to:
    Susan Peter, SimCorp North America (+ 1.917.546.4654)

    Media Contacts:
    Kevin Maher, Cognito, (+ 1.646.395.6300), simcorp@cognitomedia.com

  • Share buyback program 14 October 2014

    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:

    168,340

    168.44

    28,354,505

    7 October 2014

    9,080

    165.53

    1,503,013

    8 October 2014

    10,000

    163.76

    1,637,600

    9 October 2014

    7,500

    165.49

    1,241,175

    10 October 2014

    7,000

    164.93

    1,154,510

    13 October 2014

    7,000

    163.55

    1,144,850

    Accumulated under the program following above purchases:

    208,920

    167.70

    35,035,653

    Following above purchases, SimCorp holds 784,788 treasury shares corresponding to 1.89% of the share capital.

    Purchases for an amount of EUR 5.3m (approx. DKK 39.6m) 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. 41/2014

  • 23% of Investment Managers Can Calculate Impact of Market Events within Trading Day9 October 2014

    SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today released poll findings evaluating the importance of intraday calculations from the impact of all position driving events. Poll respondents include over 60 executives from North American-based capital market firms.

    Highlights of the poll findings include:

    • 83% place high importance on the ability to perform intraday calculations from the impact of position driving events such as: FX rate, collateral, securities lending, fees and corporate actions.
    • Only 23% of respondents are able to perform intraday calculations.

    Click to enlargeMagnifying glass

    “It is a concern for the industry that close to 80% of those polled cannot, or do not, know if they can perform the necessary intraday calculations,” comments Duncan Cooper, Director of Business Consulting at Sapient Global Markets. “The inability to understand the impact of market events on the position of held securities has far reaching effects such as: errors in NAV calculations, inability to optimise collateral, erroneous cash positions, investor exposures in the event of a market readjustment – all of which inevitably impacts investor confidence. In this continuing climate of increasing regulation and market observation, the IBOR or the investment book of record offers capital market firms the opportunity to differentiate from competitors and bolster stakeholder confidence.”

    “Our clients point to the IBOR to demonstrate the operational controls they have in place when securing new business,” comments Marc Schröter, SVP and head of SimCorp’s research and product organization. “The ability to understand and report on the state of the business within the trading day will ultimately distinguish the leaders from the laggards in the industry.” To learn more, please join a panel of experts from SimCorp, Sapient and BMO for the upcoming webinar, IBOR: Driving Business Value for Investment Decisions, Risk Controls and Operations.

    Enquiries regarding this announcement should be addressed to:
    Susan Peter, SimCorp North America (+ 1 917 546 4654) Kevin Maher, Cognito, (+1 646 395 6300), simcorp@cognitomedia.com

    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 program7 October 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:

    133,040

    168.19

    22,375,400

    30 September 2014

    6,500

    170.46

    1,107,990

    1 October 2014

    6,800

    171.70

    1,167,560

    2 October 2014

    7,500

    168.91

    1,266,825

    3 October 2014

    7,500

    167.22

    1,254,150

    6 October 2014

    7,000

    168.94

    1,182,580

    Accumulated under the program following above purchases:

    168,340

    168.44

    28,354,505

     

    Following above purchases, SimCorp holds 744,208 treasury shares corresponding to 1.79% of the share capital.

    Purchases for an amount of EUR 6.2m (approx. DKK 46.2m) 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. 40/2014

     

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Chief Financial Officer

+45 3544 6858
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