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September 23, 2022

SIMCORP WINS “BEST CLOUD-BASED DATA MANAGEMENT SOLUTION” FOR 2ND YEAR IN A ROW

SimCorp’s Data Management Services has beat out six other vendors to win “Best Cloud-Based Data Management Solution” at the Data Management Insight Awards USA 2022.

This is the 2nd year in a row we have won this award, widely recognized as a genuine endorsement of excellence and achievement within the global data management community.

SimCorp Data Management Services was launched in 2020 and developed in collaboration with global buy-side institutions, responding to the need for holistic cloud-based data operations that can mitigate risk and cost, within a highly automated Data as a Service (DaaS) offering.

With extensive coverage across all major asset classes and instrument types, the comprehensive service is the only DaaS on the market that provides both clean market and reference data and an advisory and change management team to help manage complex datasets and change requirements. This combination helps users fast track insights into real business advantage.

"Congratulations to SimCorp on their success as the Best Cloud-Based Data Management Solution in the inaugural Data Management Insight Awards USA 2022. These awards were voted for by our Data Management Insight community who are seeking to highlight data management solutions that have successfully improved firms’ abilities to manage, control, analyse and gain insight from ever-growing volumes of data across global capital markets. In a highly competitive marketplace this prestigious award represents an admirable achievement," said Angela Wilbraham, CEO of A-Team Group, which hosts the Data Management Insight Awards USA.

In just two years, 13 leading buy-side firms, including Zurich Insurance and Colonial First State, have chosen SimCorp’s Data Management Services for our complete managed service offering, indicating a fast-growing global market for cloud-based data management services.

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