Clearstream and Simcorp join forces in strategic alliance
Deutsche Börse, the German stock exchange, is advocating for increased collaboration among its subsidiaries. Two of these subsidiaries, Simcorp, a leading provider of financial technology solutions, and Clearstream, a renowned post-trade company for global markets, have announced a strategic partnership. The objective is to integrate Clearstream's post-trade offerings into Simcorp's integrated front-to-back investment platform, as declared by Deutsche Börse.
This partnership will enable seamless access to Clearstream's extensive post-trade services for investment managers using SimCorp One, their front-to-back platform. Additionally, an initial service offering includes fund data management through Clearstream's Kneip platform, streamlining operations and reducing costs. Further expansions are planned, extending to fund distribution, collateral management solutions, and tri-party repo services.
The integration of Clearstream's post-trade capabilities within SimCorp's investment management ecosystem promises to reduce operational complexity for asset managers, providing a unified workflow from investment decisions to post-trade processing. It also enhances market connectivity, furthering the buy-side's connectivity to Deutsche Börse Group's comprehensive market infrastructure.
The collaboration aims to equip asset managers with advanced technological tools and market infrastructure access within a single platform environment, granting them a competitive edge in an evolving regulatory and operational landscape. The initiative is in line with Deutsche Börse's broader strategy to enhance its buy-side offering, connecting investment managers directly with its trading and post-trade network.
In summary, the strategic partnership between SimCorp and Clearstream significantly improves the efficiency, connectivity, and service breadth available to buy-side firms. By leveraging the strengths of both firms within the Deutsche Börse Group, the partnership offers an integrated front-to-back investment management and post-trade solution, marking a significant advance in financial technology and post-trade innovation.
This strategic partnership between SimCorp and Clearstream will provide investment managers seamless access to Clearstream's post-trade services through SimCorp One, thereby streamlining their operations and reducing costs. Furthermore, the integration intends to equip asset managers with advanced technology and market infrastructure access within a single platform, offering a competitive edge amidst regulatory and operational changes.
