SimCorp Connects to 360T

Deutsche Börse-owned fintech SimCorp has announced the integration of its SimCorpOne investment platform, with sister company 360T’s execution management system (EMS), providing, the firm says, its customers with a complete front-to-back solution.

The integration is via SimCorp’s FIX as a Service, which is the firm’s managed service on the One platform that connects brokers and trading platforms. This integration enhances buy-side firms’ ability to execute orders quickly and efficiently across financial markets, the firms state. 

The move is the latest by Deutsche Börse to connect up the various parts of its business. It has built links over the years between its OTC and listed FX business, and last week saw a new initiative between SimCorp and sister company Clearstream.

“SimCorp One covers every step of the investment management lifecycle, and our clients can tailor the platform to their specific needs,” explains Oliver Johnson, chief revenue officer at SimCorp. “Through this strategic partnership, clients can now execute FX trades more cost-effectively with 360T. This integration delivers tangible value to our clients by streamlining the onboarding process for faster time to value as well as providing additional optionality, enabling them to make better investment decisions for their customers.” 

Sebastian Hofmann-Werther, chief revenue officer FX & Digital, 360T Group, adds, “Building on a long-standing integration with SimCorp’s front-office Order Manager, the integration of SimCorp One with 360T’s EMS marks a significant advancement for buy-side firms –  extending access to advanced FX workflow and execution capabilities to a broader segment of SimCorp’s client base.”