SimCorp wins Markets Choice Award 

New York, May 10, 2024 – SimCorp today proudly announced it has been honored with the Markets Choice Award for Best M&A Deal of the year. This recognition was awarded for SimCorp’s merger with Axioma, which was successfully finalized in January 2024, with Axioma now operating as a product brand under SimCorp.

Christian Kromann, SimCorp Chief Executive Officer, said: “Axioma is an established market leader in portfolio optimization and risk management analytics. Now combined with SimCorp’s strong platform and broader capabilities, we provide a powerful and fully integrated offering across the entire investment management value chain.” 

The award was presented during the annual Markets Choice Awards, which honor the top performers in capital markets trading and technology. Winners are selected by the Markets Media editorial staff, following a nomination process by markets participants.  

Mohan Virdee, Markets Media Group CEO said: “The strategic merger between SimCorp and Axioma has received the award for Best M&A Deal for combining market-leading solutions that effectively address the front-to-back needs of investment managers. Together, SimCorp and Axioma provide the buy side with a holistic approach to portfolio construction, supporting their search for higher risk-adjusted returns.” 

After the merger, SimCorp now has 3,100 employees worldwide and serves over 660 clients globally, including more than half of the world’s top 100 financial companies.  

Furthermore, Axioma’s strong client base in the Americas has further strengthened SimCorp’s presence in the region, which serves as its top strategic priority. SimCorp now serves over 360 clients and has 500 employees spread across eight offices in the region. 

As a company within the Deutsche Börse Group, SimCorp’s goal is to address the demands of the buy side and help clients in making the best decisions for their business.

Markets Media Group provides news and information about trading and technology in capital markets through its five editorial platforms: Markets Media, Traders Magazine, Global Trading, The DESK, and DerivSource.