Deutsche Börse Group Investment Management Solutions 2023

Deutsche Börse Group announced plans to acquire SimCorp for approximately €3.9 billion and combine ISS with Qontigo to create a leading investment management solutions provider. The transaction is expected to generate approximately €90 million in annual run-rate EBITDA synergies by transforming Deutsche Börse's Data & Analytics segment into Investment Management Solutions. SimCorp, a Danish software company managing over $30 trillion in assets, provides front-to-back investment management platforms with over 60% recurring revenue.