SimCorp to ring the NASDAQ Stock Market Closing Bell, marking 40 years of growth

25 August 2011

SimCorp to ring closing bell at the NASDAQ MarketSite on 6 September 2011 - the event will feature guest presentations from SIFMA CEO Tim Ryan and HOOPP CEO John Crocker.

SimCorp, a leading provider of highly specialized software and expertise for the investment industry, today announced that the firm will be ringing The NASDAQ Stock Market Closing Bell at the NASDAQ MarketSite in New York on 6 September 2011. The closing bell ceremony will be followed by presentations from Peter L. Ravn, CEO of SimCorp; Tim Ryan, President and CEO of SIFMA; and John Crocker, President and CEO of HOOPP (Healthcare of Ontario Pension Plan). SimCorp has been publically traded on NASDAQ OMX Copenhagen since 2000.

“2011 marks 40 years of SimCorp’s service to the global investment management industry,” notes Mr. Ravn. “We are pleased to celebrate our history and achievements by ringing the Closing Bell at the NASDAQ MarketSite. As we look forward to our future growth, we want to reiterate our commitment to helping the industry we serve drive investment performance and regain global market confidence.”

The SimCorp NASDAQ Closing Bell ceremony will be followed by commentary from industry leaders. SIFMA President and CEO, Mr. Ryan will provide SIFMA’s perspective on the impact of Dodd-Frank and what it is going to take beyond regulation to regain market confidence. Mr. Crocker, President and CEO at HOOPP, will share HOOPP’s formula for success that allowed the fund to perform successfully in spite of the 2008-2010 global crisis. To provide a perspective on the role of technology, Mr. Ravn will provide real-world examples of how SimCorp has partnered with investment managers to pursue growth strategies such as introducing new products and targeting new market segments. He will also discuss milestones of the company’s sustained growth over the last 40 years.

“More than ever, SimCorp is committed to providing our clients with solutions that will mitigate risk, reduce cost and enable growth. The last 40 years have established not only the value SimCorp brings to the market, but that we remain unequivocally dedicated to providing a market leading, comprehensive solution for the ever-evolving challenges of the investment management industry, in all regions of the world,” comments Mr. Ravn.

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