Deutsche Börse Group subsidiary SimCorp and infrastructure and technology provider for digital assets, Alloy, have entered a strategic partnership to assist SimCorp clients with managing digital asset investments.
The partnership will extend past standard digital asset broker connectivity, enabling mutual clients to manage digital assets holistically within SimCorp’s front-to-back investment management platform.
The solution will provide joint clients with one single source for traditional, alternative and digital asset classes.
“One of SimCorp’s core value propositions has always been a single, integrated system for all asset classes. We believe that digital assets are coming of age, and it is time to integrate them properly to provide a holistic view across all asset classes on a single platform,” said Niels Jacobsen, principal product manager at SimCorp.
“Together, SimCorp and Alloy will be uniquely positioned to offer exactly that to our shared clients: one integrated platform to manage truly all asset classes.”
Alloy’s clients consist of a range of firms including family offices, hedge funds and listed asset managers.
The firm simplifies the process of managing and implementing digital asset investment strategies, with a front-to-back investment platform combining a suite of proprietary tools with regulatory compliant digital asset operations, analysis and monitoring capabilities.
“It’s only more recently that we’ve observed the convergence of mature infrastructure and holistic, asset management-centric, approaches that render digital assets both relevant, and attractive to the kind of institutional investment managers that SimCorp primarily serves,” said Paul Faecks, chief executive and co-founder of Alloy.
“With this partnership, Alloy enables SimCorp’s clients to access the digital asset markets and manage this asset class in a consistent, safe, robust, and scalable way, similar to their traditional assets.”
Earlier this year, SimCorp introduced a new cloud-native performance attribution solution as part of the inaugural offering from its new Investment Analytics Platform.
The inaugural solution was developed to meet increasing demand for accurate performance analytics and offers investors the ability to calculate performance attribution in real-time.