SimCorp, a global financial technology company, has announced the introduction of SimCorp Alternatives.
The firm says, this offering is designed to serve the needs of all alternative investment firms and builds on the strong success of SimCorp’s Alternative Investment module.
SimCorp’s existing alternative investment capabilities empower asset owners to gain a total portfolio view across both public and private market assets on the integrated platform — SimCorp One.
SimCorp Alternatives extends the existing capabilities to also allow General Partners (GPs), fund administrators, alternative investment fund managers (AIFMs), management companies (ManCos) and depositories to automate operational processes, regulatory reporting and consolidate data for the entire lifecycle of their private equity, private debt, real estate and infrastructure investments on a fully integrated solution.
Additionally, as part of introducing SimCorp Alternatives, SimCorp has acquired 100 percent ownership in Paris-based Domos, a software provider specialising in alternative investments, effective immediately.
Peter Sanderson, CEO of SimCorp, says: “For over 50 years, SimCorp has helped the world’s largest asset managers and asset owners simplify and scale their investment business.
“The introduction of SimCorp Alternatives empowers our clients to transform their private market investments through automation, AI and cloud-native technology.”
Oliver Johnson, chief revenue officer at SimCorp, adds: “SimCorp Alternatives expands our addressable market by building on our existing extensive capabilities to also serve the needs of general partners and other private capital managers and service providers.”
Arnaud Vinciguerra, founder and CEO, Domos, says: “We are thrilled to join forces with SimCorp and build on our long-standing partnership. This acquisition is a strong endorsement of the alternative investment market’s momentum and the strength of the Domos platform.”
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