SimCorp acquires data management software provider AIM Software

Vienna, London, New York– August 01, 2019

On August 1, 2019, SimCorp finalized the acquisition of AIM Software. The acquisition strengthens SimCorp’s strategic position in the market, with a market leading data management solution complementary to SimCorp’s existing front to back offering.

AIM Software is a leading provider of data management solutions with a specialized focus on the buy-side and a long-standing partner to SimCorp. AIM Software has around 75 employees, with offices in Vienna, London and New York. Additionally, it has 40 people with a third-party service provider.

The acquisition will strengthen SimCorp’s strategic position and competitiveness in the market. Data management is an area of growing importance to buy side firms and increasingly central to any investment manager’s operational foundation. Also, it is often a key consideration in system selection processes. AIM Software’s market-leading solution will provide SimCorp with an even stronger value proposition, adding new capabilities in an area naturally linked to its existing front-to-back offering.

Klaus Holse, CEO of SimCorp, comments:“We are excited to welcome AIM’s team to the SimCorp family and AIM’s clients to our global client community. AIM’s market-leading data management solution, GAIN, is a valuable addition to our portfolio, supplementing our offering in an area of strategic importance to our clients”

Following the acquisition, AIM Software will be fully integrated into SimCorp. Its product GAIN will be renamed SimCorp Gain and become a core component of SimCorp’s future data management offering.

About AIM Software

AIM Software is the leading provider of data management software to the buy-side.

More than 100 of the world’s leading asset management, private & wealth management, asset servicing, fund administration and global custody firms depend on AIM Software for their core data management requirements, including reference data management, portfolio pricing and analytics, corporate actions data and legal entity data management.

With offices in Vienna, New York, London, Luxembourg, and Zurich, we are a global organization and support our clients wherever they do business. Our productized approach to financial data management ensures that custom developments are kept to a minimum, resulting in faster projects, quick ROI and increased business agility. For more information, please visit www.aimsoftware.com.

About SimCorp

SimCorp provides integrated, best-in-class investment management solutions to the world’s leading asset managers, fund managers, asset servicers, pension and insurance funds, wealth managers, banks and sovereign wealth funds. Regardless of how you deploy it, SimCorp’s core solution, SimCorp Dimension®, and its life-cycle services support the entire investment value chain and range of instruments, all based on a market-leading IBOR. SimCorp invests around 20% of its annual revenue in R&D, helping clients develop their business and stay ahead of ever-changing industry demands. Listed on Nasdaq Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com. For more information, please visit www.simcorp.com

For more information: www.simcorp.com