Deutsche Börse Group offers integrated connectivity for the buy side with strategic partnership between SimCorp and Clearstream
Deutsche Börse Group offers integrated connectivity for the buy side with strategic partnership between SimCorp and Clearstream
- Partnership will give investment managers on SimCorp One platform integrated access to Clearstream’s post-trade solutions
- First live offering is a fund data management service to disseminate data, documents and regulatory reporting
- Further combined product offerings will be centred around creating additional optionality for fund distribution and transfer agency software modules, collateral optimisation and management as well as tri-party repo services
SimCorp, a global leader in financial technology, and Clearstream, the innovative and trusted post-trade business for the global markets, have launched a strategic partnership to incorporate Clearstream’s post-trade offering in SimCorp’s integrated, front-to-back investment platform SimCorp One. Both SimCorp and Clearstream are members of Deutsche Börse Group.
SimCorp’s clients are now able to enjoy integrated access to Clearstream’s fund data solutions via its Kneip platform to disseminate data, documents and regulatory reporting for their funds. It gives SimCorp clients the opportunity to outsource these tasks, which will enable them to achieve material cost savings and drive efficiency and scale.
In a next step, Clearstream and SimCorp will explore the inclusion of further fund and securities services, including fund distribution on the FundsDLT Software-as-a-Service (SaaS) transfer agency platform, as well as solutions for collateral management and tri-party repo.
"With SimCorp One, we offer our clients the opportunity to leverage the world’s best financial technology and services. Adding Clearstream to our existing ecosystem gives investment managers additional ways to leverage investment management solutions based on access to market infrastructure solutions."
This partnership marks a significant milestone in further developing Deutsche Börse Group’s comprehensive buy-side offering that aims to connect investment managers to the Group’s wider trade and post-trade ecosystem.
“With SimCorp One, we offer our clients the opportunity to leverage the world’s best financial technology and services,” said Georg Hetrodt, SimCorp Chief Executive Officer.
“Adding Clearstream to our existing ecosystem gives investment managers additional ways to leverage investment management solutions based on access to market infrastructure solutions.”
“At Clearstream, we are thrilled to offer asset managers access to premier fund data and regulatory solutions as part of the SimCorp One ecosystem,” said Philippe Seyll, CEO Clearstream Fund Services. “By leveraging SimCorp as our partner within Deutsche Börse Group, we will make our offering even more readily accessible to the investment management industry. We are looking forward to a close collaboration and to expanding this partnership across Clearstream’s post-trade services for both securities and funds.”
To learn more about how SimCorp One clients can access Clearstream functionality and other services, visit HERE.
About SimCorp
SimCorp is a provider of industry-leading integrated investment management solutions for the global buy side.
Founded in 1971, with more than 3,500 employees across five continents, SimCorp is a truly global technology leader that empowers more than half of the world’s top 100 financial companies through its integrated platform, services, and partner ecosystem.
SimCorp is a subsidiary of Deutsche Börse Group. As of 2024, SimCorp includes Axioma, the leading provider of risk and management and portfolio optimization solutions for the global buy side.
About Clearstream
Clearstream is the innovative and trusted post-trade business for the global markets. It runs the leading securities and funds servicing ecosystems of tomorrow.
The company operates the German and Luxembourg central securities depositories and an international central securities depository for the Eurobonds market. With 20 trillion Euros in assets under custody, it is one of the world’s largest settlement and custody firms for domestic and international securities.
It also delivers premier fund dealing, distribution, digital and data services, covering over 55 fund markets worldwide.
Clearstream is part of Deutsche Börse Group, an international exchange organisation and provider of innovative market infrastructures.
To learn more, visit us at www.clearstream.com or connect via LinkedIn.
Media Contacts
Sean B. Pasternak
Global Communications, SimCorp
+1-647-975-7326
[email protected]
Kirsty Le Borgne
Clearstream
+352 621 735 658
[email protected]
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