New Paper Guides the Buy-side on How to Utilize Technology to Best Serve Investors and Grow Business

Paper drills down into some of the modern technologies with the most potential to mitigate risk, reduce cost and drive growth

SimCorp has published a new white paper, titled “Leveraging Advanced Technology: Is Your IT Platform Geared for Increased Competitiveness?” Authored by Anders Kirkeby, Global Domain Manager for System Architecture at SimCorp, the paper is part of an on-going series of industry thought leadership, compiled and published by SimCorp.

The paper outlines how a lack of investment in core systems can lead to missed opportunities as the industry inevitably shifts faster than firms can adapt when operating on outdated infrastructure. Kirkeby highlights five on-going technology trends that will shape the future of how the investment management business operates and interfaces with clients:

Cloud computing variants and cloud based service models
Global operating model considerations in view of cloud offerings
Increasing volumes of fast-moving multiple-source data
The growing importance of user and customer experience, especially on the Web and via tablets and smartphones
Greater security concerns as systems open up to offer user experience improvements
Kirkeby encourages buy-side firms to replace legacy systems. “It may be tempting to try to ride out this time of high market uncertainty and low margins by cutting IT budgets and sticking to existing systems and capabilities. This may work better for some more than others, but generally it’s a risky path. Investing in a flexible, integrated platform will not only enable firms to add new technology incrementally to gain better risk control, but it will also improve cost efficiency in business or IT operations and offer clients or internal users innovative solutions to drive growth.”

“To succeed in growing the business scale, the ability for firms to be client focused and leverage advanced technology is an important competitive differentiator. Unfortunately, reliance on legacy investment management systems often prevents firms from achieving this goal,” states David Kubersky, Managing Director of SimCorp North America. “This is one of the key reasons why SimCorp’s technology approach is backed by an over 20% investment of annual revenue in research and development and a perennial guarantee of two software releases per year. Our goal is to ensure that our solution is evergreen and will never become legacy technology, keeping up-to-date with industry, regulatory, accounting and other changes.”

To download a copy of the paper as featured in the latest SimCorp Journal of Applied IT and Investment Management, please click here.  


Enquiries regarding this announcement should be addressed to:
Susan Peter, SimCorp North America, +1 917 546 4654


Media Contacts:
Kevin Maher/Miranda Garrison, 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. SimCorp’s world-class software provides global financial organizations with the tools they need to mitigate risk, reduce cost and enable growth. SimCorp is a global company, regionally covering all of Europe, North America and Asia Pacific. Listed on the NASDAQ OMX Copenhagen, SimCorp is dedicated to supporting the global investment management industry, its clients and its investors. For more information about SimCorp’s products, please visit www.simcorp.com/product.