SimCorp

SimCorp A/S is a Danish company providing software and services to financial institutions such as asset managers, banks, national banks, pension funds, sovereign wealth funds and insurance companies worldwide.[1]

SimCorp A/S

Type	Public
Traded as	Nasdaq Copenhagen: SIM
Industry	Financial software
Founded	1971 (1971)
Headquarters	Copenhagen , Denmark
Number of locations	20
Key people	Christian Kromann (CEO) Peter Schütze (Chairman)
Products	SimCorp Dimension, SimCorp Coric, SimCorp Gain, and SimCorp Sofia
Revenue	€382.6 million[1] (2018)
Operating income	€103 million[1] (2018)
Net income	€77 million[1] (2018)
Total equity	DKK 20.23 billion[1] (2018)
Number of employees	c. 2,200 (2023)

Their core product is the SimCorp Dimension,[2][3][4] a front to back integrated investment management system[5] used by more than 190 clients around the world.

SimCorp was founded in 1971 and has its headquarters in Copenhagen and has offices in over 20 locations throughout Europe, Asia, and North America.[5] SimCorp has over 2,200 employees.[6]

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 exchange. In 2023, stock exchange operator Deutsche Börse agreed to buy SimCorp for €3.9 billion.[6]