19 October 2017
Find out more

SimCorp shakes up European operations

11 January 2017  |  2359 views  |  0 Source: SimCorp

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced that it is changing its organizational setup in Europe, forming a new Northern European market unit and a new Southern European market unit in addition to the already existing Central European unit.

The changes are in line with SimCorp's growth ambitions and the need to support clients, including recent wins like Generali and SEB, with a consolidated, more efficient operational setup.

The new Southern Europe unit will cover France, Italy, and Spain. This region will be led by Emmanuel Colson, who is currently Managing Director for SimCorp France and has successfully established SimCorp in the French market. The new region will support the expansion into Italy and Spain, which have previously been outside SimCorp's geographical scope.

A new Northern Europe market unit will be formed by merging the current Nordic and Benelux operations. The new unit will be led by Hans Otto Engkilde, who is currently Managing Director for SimCorp Benelux and has successfully increased SimCorp's market share in the Benelux markets.

SimCorp CEO, Klaus Holse comments: "With our latest new client wins in Europe, it is time for us to organize slightly different to make sure we keep an efficient and lean operation across our business. We generally see investment management firms growing in size and we need to align with this pattern to continue delivering cost-effective, superior solutions and services that meet our clients' expectations."

In addition to the three market units in continental Europe, SimCorp has a market unit covering Asia Pacific, one covering North America, and one covering UK, Ireland, and the Middle-East.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comvisit www.fivedegrees.nlRegister now

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15766 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8927 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8017 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7121 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6272 views comments | 6 tweets | 3 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job