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SimCorp Names Americas Head, Targets Strong Growth In Region

Editorial Staff April 16, 2024

SimCorp Names Americas Head, Targets Strong Growth In Region

The technology solutions business group has made a number of appointments for its Americas business, saying that the region is its top strategic priority. It intends to at least double its customer base along with Axioma, a recently-acquired business.

SimCorp, which provides technology solutions for buy-side financial firms, has appointed former senior BlackRock figure Allen Zimmerman as managing director, head of Americas. 

Zimmerman will lead SimCorp in the region, including its analytics business Axioma, with responsibility for defining its strategic direction.

At BlackRock, Zimmerman served as an MD. He has worked in the financial services sector for 18 years, with stints at Barclays and Citigroup.

In January 2024, the merger between SimCorp and Axioma was finalized, resulting in a combined organization with over 360 clients in the region, along with 500 employees spread across eight offices. 

“The Americas are the top strategic priority for SimCorp. Our goal is to at least double the customer base for SimCorp and Axioma in the region and it will undoubtedly serve as the primary growth engine for us over the next five years,” Christian Kromann, CEO at SimCorp, said.

In his new role based in New York, Zimmerman reports to Oliver Johnson, chief revenue officer.

SimCorp has made a number of appointments in the Americas, including those of Eric Lapham as head of asset management sales, Sarah Langille as head of sales for Canada, and Gretchen Garrigues as global chief marketing officer. 

SimCorp has eight offices in the Americas (New York, Boston, Atlanta, Chicago, San Francisco, Toronto, Mexico City, and Buenos Aires). In total, more than 500 people are employed in the Americas out of a global total of 3,100 employees.

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