SIMCORP
SimCorp
software as a service
To ensure new and emerging technology is at the forefront of its product , SimCorp spends 20 % of its revenue on research and development and ensures it has a clear roadmap in future investments .
Adding to this , Højland said : “ The objective of this is to deliver great technology , keeping up with innovation areas that are the most important to our customers in their specific industry : asset management , pensions , insurance , banks , etc .”
Moving to the cloud : a basis for buy-side innovation To add to its cloud offering , the company built on its SimCorp Dimension product with SimCorp Dimension as a Service . This cloud-based version of SimCorp Dimension allows institutional investors to focus on their core business in the quest for growth and differentiation .
SimCorp carries out tasks such as running , operating and managing the investment-management technology platform . “ Most of our new customers choose this delivery model of SimCorp Dimension and we are currently helping our existing customers in their journey to the cloud ,” explained Højland .
SimCorp believes many customers are transitioning to the cloud as it brings many high-value benefits . This includes “ unmatched delivery quality , access to ecosystem-enabled innovation , scalability , and best-in-class security and compliance - as well as improved cost-effectiveness ,” Højland said .
This year , there has been a huge predicted growth in public cloud end-user spending and Gartner predicted it would grow 23 % in 2021 . This is due to emerging technologies such as containerisation ,
190 March 2022