SimCorp welcomes Head of Americas to continue growth trajectory.

New York – April 15, 2024 – SimCorp today announced the appointment of Allen Zimmerman as Managing Director, Head of Americas, effective 15th April.

Zimmerman will lead SimCorp in the region, including its analytics business Axioma, with responsibility for defining its strategic direction and realizing SimCorp’s growth aspirations in the Americas. He joins SimCorp from BlackRock where he served as a Managing Director, focused on business development for its investment management technology offering since 2015.

With 18 years of experience in the financial services industry, including leadership roles within the portfolio analytics and quantitative models businesses within Barclays and Citi, Zimmerman brings extensive expertise in front office modeling, financial markets and a profound understanding of utilizing financial technology to enhance the efficiency of investment managers through a fully integrated end-to-end approach.

“I am delighted to welcome Allen to SimCorp as the leader of our growing Americas team. Allen has emerged as an outstanding leader, bringing deep expertise in understanding clients and a track record of successfully expanding investment technology businesses,” said Christian Kromann, Chief Executive Officer at SimCorp.

In January 2024, the merger between SimCorp and Axioma was finalized, resulting in a combined organization with over 360 clients in the region, along with 500 employees spread across eight offices.

“The Americas are the top strategic priority for SimCorp. Our goal is to at least double the customer base for SimCorp and Axioma in the region and it will undoubtedly serve as the primary growth engine for us over the next five years. Allen’s track record of delivering outstanding client results will be instrumental in driving our further expansion in this key region,” Kromann said.

Reporting to Chief Revenue Officer Oliver Johnson and based in New York, Zimmerman will focus on building on the consistent double-digit growth that SimCorp has experienced in the region over the past several years.

Commenting on his appointment, Allen Zimmerman, Managing Director, Head of Americas, at  SimCorp, said: “With the prior announcement of SimCorp’s merger with Axioma, it became apparent that the vision of a fully integrated platform was being realized, which brings with it a significant and exciting opportunity for the market.”

“With 360 clients across the Americas, SimCorp already has a strong presence in the region, and I am energized by the challenge of leading initiatives here and delivering value to our clients. As market conditions increase the demand for investment managers to operate more efficiently, SimCorp stands well-prepared for sustained growth in the Americas,” Zimmerman said.

Zimmerman holds an MBA from the University of Texas at Dallas and a BS in Chemical Engineering from Brigham Young University.

This appointment is the latest in a string of senior appointments for SimCorp in the Americas. These have included Eric Lapham as Head of Asset Management Sales, Sarah Langille as Head of Sales Canada, and Gretchen Garrigues as Global Chief Marketing Officer.

SimCorp in the Americas

• SimCorp has eight offices in the Americas (New York, Boston, Atlanta, Chicago, San Francisco and Toronto, Mexico City, and Buenos Aires).

• SimCorp has 3,100 employees of which more than 500 are based in the Americas.

• SimCorp, including Axioma, serves more than 360 clients in the region across asset managers, hedge funds, asset owners, asset servicers and other financial companies.

• SimCorp has been present in the Americas since 2000.

About SimCorp

SimCorp is a provider of industry-leading integrated investment management solutions for the global buy side.

Founded in 1971, with more than 3,000 employees across five continents, we are a truly global technology leader who empowers 40 of the world’s top 100 financial companies through our integrated platform, services, and partner ecosystem.

SimCorp is a subsidiary of Deutsche Boerse Group.

For more information, see www.simcorp.com.