SimCorp () is a
Danish
Danish may refer to:
* Something of, from, or related to the country of Denmark
People
* A national or citizen of Denmark, also called a "Dane," see Demographics of Denmark
* Culture of Denmark
* Danish people or Danes, people with a Danish ance ...
company providing software and services to financial institutions such as
asset managers
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...
,
bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Becau ...
s,
national banks,
pension funds
A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income.
Pension funds typically have large amounts of money to invest and are the major investors in listed and priva ...
,
sovereign wealth funds
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as ...
and
insurance companies
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
worldwide.
Their core product is the ''SimCorp Dimension'',
a front to back integrated investment management system
used by more than 190 clients around the world.
SimCorp was founded in 1971 and has its headquarters in
Copenhagen
Copenhagen ( or .; da, København ) is the capital and most populous city of Denmark, with a proper population of around 815.000 in the last quarter of 2022; and some 1.370,000 in the urban area; and the wider Copenhagen metropolitan ar ...
and has offices in over 20 locations throughout
Europe
Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located enti ...
,
Asia
Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an ...
, and
North America.
SimCorp has over 1800 employees.
Over the years, SimCorp has acquired several companies:
* Equipos, now SimCorp Coric, was acquired in 2014 and offers client reporting software
* APL Italiana, now SimCorp Italiana, was acquired in 2017 and provides integrated investment management software for the Italian insurance market
* AIM Software, now SimCorp Gain, was acquired in 2019 and focuses on enterprise data management software for the buy-side
The company is listed on the
Nasdaq Copenhagen
The Nasdaq Copenhagen, formerly known as the Copenhagen Stock Exchange ( da, Københavns Fondsbørs), is an international marketplace for Danish securities, including shares, bonds, treasury bills and notes, and financial futures and options.
...
exchange.
References
{{OMX Copenhagen 20 companies
Companies listed on the Nasdaq
Software companies based in Copenhagen
1971 establishments in Denmark
Companies based in Copenhagen Municipality