SimCorp awarded several top positions in Chartis RiskTech Buyside 50 ranking

SimCorp’s solutions were rated highest in four categories in the study that includes the key players within the market.

The Chartis RiskTech Buyside 50 ranking is a comprehensive global study of the leading solution providers to the Investment Management industry. 

“Buy-side clients are increasingly showing interest in consolidating legacy pieces of their tech stack, and when they inquire about solution providers that they could legitimately leverage from front-to-back, SimCorp is at the top of the shortlist,” says Sidhartha Dash, Chief Researcher at Chartis Research. 

“The breadth and depth of SimCorp’s portfolio management capabilities, and a real-time, single platform data construct with automated workflows let portfolio managers focus on creating value instead of spending time on data management and manual processes.”

The awards are based on a total score aggregated from individual scores across a number of categories. These include breadth and depth of functionality, technology & data development, and customer satisfaction.

The breadth and depth of SimCorp’s portfolio management capabilities, and a real-time, single platform data construct with automated workflows let portfolio managers focus on creating value instead of spending time on data management and manual processes.

Sidhartha Dash, Chief Researcher at Chartis Research

Chartis awarded SimCorp top positions in four categories with the following description:

Investment Lifecycle – Overall

This award is based on the breadth and depth of functionality and asset class coverage from front-to-back, combined with the single platform approach and the flexibility of clients to leverage the optimum balance of services and technology to meet the unique needs of each client. 

Few vendors offer robust, in-depth capabilities across the investment management tech stack, inclusive of front-office portfolio management and trading through to post-trade and accounting within a single platform – as opposed to bolting various solutions together over time.  

Portfolio Management – Enterprise

This award is based not only on the breadth and depth of portfolio management capabilities across traditional and alternative asset classes, but also on the real-time, single platform data construct and automated workflows to let portfolio managers focus on their mandates as opposed to getting bogged down by data management issues and manual processes.

The diversity of the client base across asset managers, asset owners, asset servicers, and insurance companies is also a differentiator for SimCorp in the category.

Fund Accounting

The basis for this award lies in the flexibility of accounting types supported along with SimCorp’s long-standing reputation and experience as one of the leading accounting technology providers to the buy-side in multiple jurisdictions. 

The single data construct inherent in a front-to-back platform combined with data management capabilities stood out from many other vendors where accounting technology is a standalone solution.

Fund Accounting Outsourcing Provider 

Although SimCorp’s outsourced account services only launched a few years ago, the basis for this award is rooted in SimCorp’s above-mentioned reputation and experience in the accounting space and based on the flexibility of deployment models, hybrid or fully outsourced.

The formalization of outsourced accounting services is viewed as an extension of an already robust, flexible technology solution based on decades of client support, as opposed to starting a new business line from the ground up.  

About the report

Chartis is a leading provider of research and analysis on the global market for risk and finance technology. It is part of Infopro Digital.

The Chartis RiskTech Buyside 50 2023 rankings are based on a combination of vendor briefings, market scans which includes interviews with market participants, and reference interviews.

The report is the second annual RiskTech Buyside50 ranking from Chartis Research, and it outlines trends in the buy-side and ranks the key players operating within it, focusing on solutions, industry segments, and the scope and breadth of investment lifecycle functionality.

About SimCorp

SimCorp offers industry-leading, front-to-back investment management solutions.

Our platform and ecosystem, comprising partners, services, and third-party connectivity empowers us to provide 40% of the world’s top 100 financial companies with the efficiency and flexibility needed to succeed. 

With over 25 offices around the world, and more than 2,450 employees, we are a truly global, collaborative team that connects every continent and industry seamlessly. 

SimCorp Media Contact:

Søren Rathlou Top, Global PR & Communications Manager
Soren.r.top@simcorp.com
+ 45 31 15 87 06