#Denmark #Copenhagen #SimCorp #Peter Sanderson #Deutsche Börse

Peter Sanderson Takes the Helm at SimCorp

In a significant development for the financial technology sector, SimCorp has announced the appointment of Peter Sanderson as its new Chief Executive Officer, effective immediately. This transition comes at a pivotal time as the company seeks to enhance its service offerings and drive growth amidst a rapidly evolving market landscape.

With a robust background in finance, Sanderson brings a wealth of experience to this key leadership role. He most recently served as the Group Chief Executive Officer for GAM Investments, a position he held from 2019 to 2024. His tenure there enabled him to gain firsthand insights as a direct client of SimCorp's software, thereby sharpening his appreciation for the platform’s strategic value in investment management.

Prior to his role at GAM, Sanderson spent a decade at BlackRock Investment Management, where he held several influential positions. Notable among these was his role as Managing Director of Multi-Asset Investment Solutions, where he was instrumental in shaping vital initiatives across various sectors of the financial industry. His experience at Mondrian Investment Partners and KPMG further established his credentials, providing him a well-rounded perspective on the challenges and opportunities facing financial institutions today.

“I am very excited to join SimCorp at this crucial juncture in the company's growth,” Sanderson stated. “We are uniquely positioned to help our clients navigate through periods of unprecedented market turbulence while they continue to evolve their business strategies.”

A Culture of Growth and Values

SimCorp's chair, Christian Kromann, expressed confidence in Sanderson's abilities to lead the company towards achieving its ambitious goals. “Clients are increasingly looking to SimCorp, knowing that our platform provides them with a real-time view of their entire portfolio,” he remarked. “With Peter’s extensive industry experience and proven track record of growth, we are certain he is the right leader to guide SimCorp into the future.”

Sanderson takes over from Georg Hetrodt, who has announced his retirement after an impressive 27-year tenure with the company. His departure was anticipated by the organization, marking a significant transition for both the firm and its operational leadership.

Kromann conveyed gratitude for Hetrodt’s many years of dedicated service, noting that under his leadership, SimCorp has established itself as a leading provider of investment management solutions for the global buy side, serving many of the world's top financial organizations.

A Bright Future Ahead

SimCorp was founded in 1971 and has grown into a key player in the financial technology space, currently employing over 3,500 people across five continents. The company empowers more than half of the top 100 financial firms internationally through its integrated solution platform and extensive partner ecosystem. As a subsidiary of Deutsche Börse Group, SimCorp has cemented its reputation for innovation and excellence in the field.

Looking ahead, Sanderson’s leadership is expected to usher in a new era of growth and innovation for SimCorp. His deep understanding of the financial landscape, combined with a commitment to fostering a values-driven corporate culture, sets the stage for developing strategies that will not only enhance the client experience but also solidify SimCorp's position as a market leader.

In conclusion, Sanderson’s appointment heralds a new chapter in the journey of SimCorp. With a focus on leveraging technology to provide clients with unparalleled investment management solutions, Peter Sanderson is poised to make a significant impact in this dynamic industry.