Simcorp prospers following BlackRock strategic change

Danish company Simcorp has significantly increased its sales of major software solutions to asset managers. The foundation of its great success is a strategic change at Simcorp's most important competitor.
Photo: Jeppe Bjørn Vejlø/Ritzau Scanpix
Photo: Jeppe Bjørn Vejlø/Ritzau Scanpix
BY JAKOB SKOUBOE, IT-WATCH

Simcorp is practically walking on water. Sales have boomed to an extent that the supplier of software solutions for asset managers has increased expectations for the whole year, having doubled this year's Q2 earnings before taxes compared to last year.

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