SimCorp names operating chief as new CEO
Christian Kromann will become CEO at SimCorp from September after two years leading operations for the firm.
Christian Kromann will become CEO at SimCorp from September after two years leading operations for the firm.
As fund managers flock to private markets for increased returns, many are finding they have to update their technology infrastructure to properly process data and transactions.
The new platform is the latest innovation from SS&C Technologies after it launched GIDS, its new-look transfer agency and investor services platform last year.
The integration aims to tackle costly fragmented investment and post-trade processes that contribute to operational risks such as high settlement trade fails.
The US bank has partnered with a range of data and analytics vendors as it looks to build out its trade data network for securities services clients.
A new study from BNY Mellon of 200 asset managers found an overwhelming 97% plan to outsource their data management infrastructure.
The newly branded ‘BBH Investment Operations, powered by Infomediary’ aims to transform the way its asset manager clients utilise data.
Deal builds on the custodian’s Whole Office proposition which it launched in 2020 following a similar agreement with BlackRock.