About SimCorp
SimCorp is a company based in Copenhagen (Denmark) founded in 1971 was acquired by Deutsche Borse Group in May 2023.. The company has 1,906 employees as of December 31, 2020. SimCorp has completed 5 acquisitions, including AIM Software, APL Italiana and Advanced Information Management. SimCorp offers products and services including SimCorp One. SimCorp operates in a competitive market with competitors including Fidelity Investments, Investec, HSBC, BNP Paribas and Nordea, among others.
- Headquarter Copenhagen, Denmark
- Employees 1906 as on 31 Dec, 2020
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sim Holding A/S
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Annual Revenue
$508.95 M (USD)19as on Dec 31, 2019
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Net Profit
$108.5 M (USD)26as on Dec 31, 2019
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EBITDA
$143.1 M (USD)25as on Dec 31, 2019
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Latest Funding Round
- Investors
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Employee Count
1906
as on Dec 31, 2020
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Investments & Acquisitions
AIM Software
& 4 more
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Acquired by
Deutsche Borse Group
(May 02, 2023)
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Products & Services of SimCorp
SimCorp offers a comprehensive portfolio of products and services, including SimCorp One. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides real-time insights for portfolio and risk management.
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Software Development Team
59 people
Leadership Team
58 people
Product Management Team
57 people
Senior Team
47 people
Finance and Accounting
36 people
Sales and Marketing
33 people
Human Resources and Administration
22 people
Lead Team
17 people
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Funding Insights of SimCorp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SimCorp
SimCorp has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Deutsche Börse Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Deutsche Börse Group is engaged in organizing financial markets globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SimCorp
SimCorp has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include AIM Software, APL Italiana and Advanced Information Management. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Deal management solutions are offered for alternative investment fund managers.
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2013 | ||||
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Provider of IT service suite solutions
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2009 | ||||
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Financial and enterprise data management software solutions are offered.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SimCorp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Simcorp Comparisons
Competitors of SimCorp
SimCorp operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fidelity Investments, Investec, HSBC, BNP Paribas and Nordea, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Universal banking and financial advisory services are provided globally.
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| domain | founded_year | HQ Location |
Banking & financial service provider
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| domain | founded_year | HQ Location |
Nordea is recognized as a leading Nordic universal bank.
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| domain | founded_year | HQ Location |
Diversified insurance and asset management services are offered globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Simcorp
Frequently Asked Questions about SimCorp
When was SimCorp founded?
SimCorp was founded in 1971.
Where is SimCorp located?
SimCorp is headquartered in Copenhagen, Denmark.
Who is the current CEO of SimCorp?
Christian Kromann is the current CEO of SimCorp.
How many employees does SimCorp have?
As of Dec 31, 2020, the latest employee count at SimCorp is 1,906.
What is the annual revenue of SimCorp?
Annual revenue of SimCorp is $508.95M as on Dec 31, 2019.
What does SimCorp do?
Founded in 1971 and headquartered in Copenhagen, Denmark, SimCorp operates in the financial software sector. Integrated solutions for portfolio management, fund accounting, trading, compliance, risk management, and reporting are provided to investment professionals and institutions. Key offerings include SimCorp Gain for data management, SimCorp Sofia for investment operations, and SimCorp Coric for client communications, supporting global financial workflows.
Who are the top competitors of SimCorp?
SimCorp's top competitors include Fidelity Investments, Investec and HSBC.
What products or services does SimCorp offer?
SimCorp offers SimCorp One.
How many acquisitions has SimCorp made?
SimCorp has made 5 acquisitions, including AIM Software, APL Italiana, and Advanced Information Management.
Who are SimCorp's investors?
SimCorp has 1 investor. Key investors include Deutsche Börse Group.
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