SimCorp

Five years ago, I was excited to join #SimCorp, a growing financial technology company, and it has been the most rewarding five years of my career to date. While we have battled an unprecedented amount of change including a global pandemic, volatile financial markets and substantial increased geopolitical tension SimCorp has stayed focused on what we do best: serve our growing global client base.   SimCorp is a very different company now than five years ago. It is almost double in size on most measures, which is something I’m very proud to be part of. We have delivered significant value to our clients through our SaaS model, allowing them to focus on what they are best at – investing and creating returns.   Some of the principles I have applied through my career but have emphasized during the last five years are:   1.     Lead with your heart and your head, in that order. Even a software business is a people business and decisions that benefit people first matter the most. 2.     Surround yourself with the right team. I am so proud of the leaders we have at SimCorp, and we are successful because of our collaboration. 3.     Embrace change. Welcoming Axioma and becoming a part of #DeutscheBörse are two mega changes among many hundreds of others. Those two in particular are the key reason why we are currently moving even further forward as a company. 4.     Be available to your team. From day one, the leadership team and I have hosted monthly Q&A sessions where employees can ask anything. We've got some of our best insights and ideas from these sessions. 5.     Future proof your strategy. We built our strategy with the understanding that our industry will continue to undergo massive transformation in the way tech is developed and consumed. Our SimCorp strategy has flexed for the explosion in AI growth, increases in data and analytics, and demand for automation and cloud-base applications. We are ready for what comes next. My sincere thanks to everyone on the SimCorp team globally for your innovation, dedication and commitment to our clients. I look forward to the many opportunities ahead of us! #fintech #investmentmanagement

The latest report on the consumer price index shows "there's no big smoking gun on either side to say the economy is still too strong or the economy is going into a recession," says SimCorp Managing Director of Investment Decision Research Melissa Brown in an interview on Reuters. Watch the full interview here: https://lnkd.in/dBrSrbYg

Exciting news! We are thrilled to announce that we have been shortlisted for the Risk Management Software of the Year for Axioma Risk by Hedgeweek! 🎉 #HWAwards But we need your help. Please cast your vote for us today! Voting closes August 16. Vote here: https://lnkd.in/e8Rtn3pn Thank you for your continued support!

We’ve set a new record with 300 already registered for the SimCorp Americas Summit 2024. That’s 300 clients, partners and industry experts joining together to discuss and shape the future of financial services. Allen Zimmerman, Head of SimCorp Americas, shares why you should join us in Chicago next month. Secure your spot before September 4. Register here: https://lnkd.in/e3Nf6rs4 #investmentmanagement #fintech #chicago #simcorpsummit

Still think #outsourcing is just a tactical move to offload tasks to low-cost center? At the #simcorpglobalsummit we hosted a panel discussion with experts from Första AP-fonden (AP1) Zurich Insurance and Deloitte about new developments in the age-old debate.   Read the full piece to learn what’s changed: https://lnkd.in/d_8TgKm5

We all know what happened in the markets. Reacting after the fact is one thing but the aim of the game is always going to be reacting before anything does happen. We continually monitor the predicted risk levels of the global markets – and you can too. By using multiple risk models – statistical, fundamental and different time horizons, you could have seen some of the hidden risk bubbling under the surface. In this specific piece, we take a closer look at both Japanese and Asia ex-Japan markets and analyze what we saw in the lead up to one the worst crashes the #Nikkei has experienced since 1987: https://bit.ly/3Adu2et

When it comes to performance attribution, not all methods are created equal. For investors looking for a general, high-level view, Brinson performance attribution may be sufficient. But if you want to really understand what the detailed sources of risk and return are – especially in a portfolio that makes factor bets – you should be looking into a risk-based approach. Learn more in this article by Melissa Brown: https://bit.ly/3YBrXmT

What a start to the week! Yesterday’s global market rout has no doubt unsettled a few investors. Every week our Investment Decision Research team pens a note on the impact of markets on portfolios from a risk and factor perspective using the #Axioma risk models.   A few points to highlight from the equities markets: It’s not panic stations yet. Bad news tends to be punished to a higher degree while good news is ignored when sentiment is negative. Adding to that is the typical summer decline in trading volume (which, to be fair, has not seen as big a drop as usual), which also means the reaction to news (good or bad) is likely to be exaggerated. Valuations were lofty, especially in the Technology sector, which means there was farther to fall when the “sell” signal got triggered. Not surprisingly, the sharp market downturns were accompanied by substantial increases in predicted volatility It seems that the decline in Momentum had already started, with a factor return of -1.5% in July   Follow the link to read the Equity Risk Monitor in full and remember, you can always get it delivered straight to your inbox.   Melissa Brown Diana Baechle, Ph.D. Christoph Schon, CFA, CIPM Olivier d'Assier

At first glance, the magnitude of the difference between the report of jobs added and consensus was a bit shocking, At the same time, the increase in unemployment was also bigger than expected, triggering renewed fear of recession, notes Melissa Brown, Managing Director of Investment Decision Research at SimCorp. "Overall, however, the unemployment rate is still at an average level, and we've seen a lower magnitude of monthly jobs created in the past year without triggering recession fears. The next inflation reports will be important to see if wage growth, slightly lower than expected in today's report, has kept up. And for those who believe this month's report was a signal that a recession is nigh, I would remind them that the yield curve, another powerful signal, has been inverted for a couple years. Perhaps the dislocations from the Covid crisis have rendered some reliable signals less reliable in the current economy,” Melissa tells Kiplinger's Dan Burrows. https://lnkd.in/dmzhMsiR

Thanks Quant Strats for featuring Alan Langworthy, CFA, CMath, head of our fixed income and multi-asset class analytics research team. He is one of the many brains behind the #Axioma Credit Spread Factor Model and he’ll be sharing his insights on a panel on fixed income at the upcoming Quant Strats Europe 2024 event in London. But for now, have a read of his initial thoughts on how quantitative and systematic methods can be used in the fixed income space.