SimCorp, a subsidiary of Deutsche Börse Group, has launched SimCorp Alternatives, a new platform designed to streamline private market investing, while also announcing the full acquisition of Paris-based Domos FS.
SimCorp Expands Alternatives Offering with Domos FS Acquisition
The new offering is said to build on SimCorp’s existing alternatives capabilities, already used by some of the world’s largest asset owners.
It will extend services to general partners, fund administrators, AIFMs, management companies and depositories, enabling them to automate operations, regulatory reporting and data consolidation across private equity, private debt, real estate and infrastructure.
“For over 50 years, SimCorp has helped the world’s largest asset managers and asset owners simplify and scale their investment business,” said Peter Sanderson, chief executive officer of SimCorp. “The introduction of SimCorp Alternatives empowers our clients to transform their private market investments through automation, AI and cloud-native technology.”
As part of the launch, SimCorp acquired 100 percent of Domos FS, a specialist in alternative investment software.
Domos’ SaaS platform supports portfolio management, fund accounting, investor relations and regulatory compliance. SimCorp had held a minority stake in the company since 2021.
“This acquisition is a strong endorsement of the alternative investment market’s momentum and the strength of the Domos platform,” said Arnaud Vinciguerra, founder and CEO of Domos FS. “Together with SimCorp, we will continue investing in innovation, as they have consistently done for over 50 years.”
SimCorp said the move increases the alternative assets under management on its platform to more than €6 trillion, reflecting rapid growth in private markets.
