Deutsche Börse Offers Buy Side Integrated Connectivity

SimCorp, a global leader in financial technology, and Clearstream, the innovative and trusted post-trade business for the global markets, have launched a strategic partnership to incorporate Clearstream’s post-trade offering in SimCorp’s integrated, front-to-back investment platform SimCorp One. Both SimCorp and Clearstream are members of Deutsche Börse Group.

SimCorp’s clients are now able to enjoy integrated access to Clearstream’s fund data solutions via its Kneip platform to disseminate data, documents and regulatory reporting for their funds. It gives SimCorp clients the opportunity to outsource these tasks, which will enable them to achieve material cost savings and drive efficiency and scale.

In a next step, Clearstream and SimCorp will explore the inclusion of further fund and securities services, including fund distribution on the FundsDLT Software-as-a-Service (SaaS) transfer agency platform, as well as solutions for collateral management and tri-party repo.

This partnership marks a significant milestone in further developing Deutsche Börse Group’s comprehensive buy-side offering that aims to connect investment managers to the Group’s wider trade and post-trade ecosystem.

“With SimCorp One, we offer our clients the opportunity to leverage the world’s best financial technology and services,” said Georg Hetrodt, SimCorp Chief Executive Officer.  “Adding Clearstream to our existing ecosystem gives investment managers additional ways to leverage investment management solutions based on access to market infrastructure solutions.”

“At Clearstream, we are thrilled to offer asset managers access to premier fund data and regulatory solutions as part of the SimCorp One ecosystem,” said Philippe Seyll, CEO Clearstream Fund Services. “By leveraging SimCorp as our partner within Deutsche Börse Group, we will make our offering even more readily accessible to the investment management industry. We are looking forward to a close collaboration and to expanding this partnership across Clearstream’s post-trade services for both securities and funds.”