Marathon Asset Management taps SimCorp to unify its investment infrastructure
The collaboration expands the two firm’s ongoing partnership and will allow Marathon to home in on greater client service engagement and investment decisions.
The collaboration expands the two firm’s ongoing partnership and will allow Marathon to home in on greater client service engagement and investment decisions.
The fintech’s all-in-one investment management platform, SimCorp One is set to unify AllianceBernstein’s infrastructure through the integration, and provide the firm’s investment teams with enhanced data access.
Specifically, firms are facing obstacles including fragmented data, legacy systems, and cultural inertia; currently 58% of buy-side firms are consolidating their technology platforms and vendors to adapt to AI-related advancements, according to a recent SimCorp report.
Specifically, firms using the SimCorp One investment management platform will have direct access to MSCI’s private market datasets and managed data collection services.
The move with LSEG’s Yield Book business is set to enable SimCorp to complement its Axioma Risk models and portfolio construction capabilities.
The past week saw appointments across multi-asset dealing, municipal trading, e-trading and fixed income.
New offering will allow mutual clients to holistically manage digital assets within SimCorp’s front-to-back investment management platform.
The inaugural solution aims to address demand for accurate and real-time performance analytics, helping investment managers examine the effectiveness of their investment strategies.
The transaction is expected to be settled and closed next Friday; takeover first announced back in April.
Deutsche Börse agreed to acquire SimCorp in an all-cash public takeover for $4.3 billion earlier this year.