SIMCORP WINS “BEST CLOUD-BASED DATA MANAGEMENT SOLUTION” FOR 3RD TIME IN A ROW

SimCorp’s Data Management Services has beat out eight other vendors to win “Best Cloud-Based Data Management Solution” at the Data Management Insight Awards Europe 2022. This is the 3rd time 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 a new holistic data operating model. The result is an automated Business Process as a Service (BPaaS) that can mitigate risk and cost.

With extensive coverage across all major asset classes and instrument types, the comprehensive service is the only BPaaS 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. 

Angela Wilbraham, CEO at A-Team Group and host of the Data Management Insight Awards Europe 2022, commented: “These awards recognise leading providers of data management solutions, services and consultancy to capital markets participants in Europe. Many congratulations to SimCorp for winning Best Cloud-Based Data Management Solution, they should be deservedly proud of their achievement in a closely fought and highly competitive contest.”

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.