Peter Sanderson Appointed as New CEO of SimCorp, Leading Financial Technology Firm

SimCorp Announces New Leadership with Peter Sanderson as CEO

SimCorp, a prominent player in the financial technology space and a subsidiary of Deutsche Börse AG, has taken a significant step in its leadership by appointing Peter Sanderson as Chief Executive Officer, effective immediately. This transition marks a pivotal moment for the company as it seeks to enhance its position in a fast-evolving financial landscape.

Peter Sanderson is not a new face in the financial industry; his career is adorned with remarkable positions and achievements. He previously served as Group Chief Executive Officer at GAM Investments from 2019 until 2024, during which he developed a deep understanding of SimCorp’s software by utilizing it as a direct client. This experience equipped him with unique insights into the strategic value of the company's offerings.

Prior to his role at GAM, Sanderson spent over a decade making significant contributions at BlackRock Investment Management. Here, he held senior positions, such as Managing Director of Multi-Asset Investment Solutions and Financial Markets Advisory. His contributions at BlackRock were vital, as he played a key role in shaping initiatives across various sectors within the financial markets, alongside his membership on the European Executive Committee.

In addition to his roles at GAM and BlackRock, Sanderson's early career included experiences at Mondrian Investment Partners and KPMG. These positions solidified his foundational understanding of the financial services sector, further enhancing his ability to connect with diverse financial institutions and their unique challenges.

Upon taking the helm at SimCorp, Sanderson expressed his enthusiasm for leading the company during this critical phase of growth. “I am very excited to join SimCorp at this crucial juncture in the company's growth,” he remarked. Sanderson acknowledged the unique market challenges that financial firms are facing, stating, “During periods of unprecedented market turbulence, we are uniquely positioned to help our clients adapt and grow while they continue to evolve their business.” This focus on client adaptability speaks to SimCorp's commitment to providing relevant solutions that meet the dynamic needs of financial managers today.

Sanderson also complimented SimCorp’s values-based culture and expressed eagerness to collaborate with a world-class team to fulfill the company’s ambitious growth objectives. His vision aligns with the company’s strategy to remain a trusted partner for financial services firms navigating the complexities of today’s markets.

SimCorp's Chair, Christian Kromann, also welcomed Sanderson to the team, expressing confidence in his ability to advance the organization’s goals. Kromann said, “Clients are turning to SimCorp more than ever before, knowing our platform gives them the competitive advantage of seeing a real-time view of their entire portfolio. With Peter's experience, deep knowledge of our industry and track record for growth, we know that he is the right next leader for SimCorp.”

The leadership change comes as the former CEO, Georg Hetrodt, prepares to retire after an impressive 27-year tenure with the company. Hetrodt’s contributions to SimCorp have been invaluable, and the transition has been managed with anticipation, ensuring a smooth succession. Kromann took the opportunity to express gratitude on behalf of the board, leadership, and employees, wishing Hetrodt the best in his future endeavors.

SimCorp itself stands out as an innovative provider of integrated investment management solutions, catering primarily to global buy-side firms. Since its founding in 1971, the company has grown significantly, employing over 3,500 individuals across five continents. More than half of the world's top 100 financial firms rely on SimCorp’s integrated platforms and services, defining the company as a global leader in investment technology. With the recent addition of Axioma in 2024, SimCorp continues to strengthen its capabilities in risk management and portfolio optimization.

In summary, Peter Sanderson's appointment as CEO positions SimCorp for a future filled with potential and innovation within the financial technology sector. His extensive background and proven ability to lead will undoubtedly shape the company’s trajectory as it continues to adapt to the evolving needs of its clients, ensuring they remain competitive in a challenging marketplace.

For more information, please visit SimCorp's official website.