The issuing of the license is said to solidify the company’s position as a regulated infrastructure provider for banks, brokers, and asset managers across the region
Mark Calandra and Ian McConnel are set to advance in the company’s Corporate and Legal Solutions (CLS) division, and its Legal, Risk, and Compliance teams
The State of Wisconsin Investment Board (SWIB) also intends to use SimCorp’s data management services to simplify market and reference data access for the platform’s users
As CEO, Kirsten Wegner will be expected to work with the IIA’s 17 member firms as well as its board of directors, to lead its strategic public policy and communications initiative
Based in New York, Zion Hilelly will be expected to oversee the transformation of the product team, where he will specifically focus on driving product innovation
The new feature utilises GenAI and natural language interactions to supply instant reports and summarises, which is said to reduce reliance on manual reporting
