AllianceBernstein picks SimCorp as core investment tech partner

1 month ago 24

US-based plus absorption elephantine AllianceBernstein (AB) has selected SimCorp One arsenic its halfway concern exertion platform.

The strategy volition signifier portion of AllianceBernstein’s cardinal infrastructure, supporting front-to-back concern operations.

The caller level is intended to broaden entree to real-time, centralised information for the company’s concern teams and supply a premix of established and proprietary trading tools.

It volition enactment alongside AllianceBernstein’s existing in-house solutions, with the extremity of streamlining information processes and supporting aboriginal development.

AB main operating serviceman Karl Sprules said: "We look guardant to transforming our firm's existing infrastructure to empower our concern teams, service our planetary clients, and standard for the future.

"Through SimCorp One, AB's front, middle, and back-office platforms volition beryllium unified connected a single, cutting-edge concern platform."

The implementation is being carried retired successful respective phases implicit aggregate years, opening with the halfway concern information platform.

SimCorp, established successful 1971 and portion of Deutsche Börse Group, specialises successful integrated concern absorption exertion for the buy-side sector.

SimCorp’s planetary workforce numbers much than 3,500. As of 2024, the institution besides includes Axioma, which provides hazard absorption and portfolio optimisation services.

SimCorp Americas caput Allen Zimmerman commented: "We are excited to spouse with AllianceBernstein and supply enactment for their translation with SimCorp One's front-to-back concern workflows.

"Innovation is rooted successful AllianceBernstein's DNA, and it has enabled their squad to work immoderate of the world's astir blase clients. SimCorp One volition assistance amplify AllianceBernstein's continued competitory borderline successful large markets."

AllianceBernstein manages assets for organization clients, individuals, and backstage wealthiness clients worldwide. The steadfast reported assets nether absorption totalling $875bn arsenic of 31 January 2026.

In August past year, Michael Thompson was named CEO for AllianceBernstein’s Asia Pacific region. The assignment follows the planned status of Ajai Kaul astatine the extremity of 2025 aft 32 years with the firm.

"AllianceBernstein picks SimCorp arsenic halfway concern tech partner" was primitively created and published by Private Banker International, a GlobalData owned brand.


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