SimCorp, a provider of integrated, front-to-back, multi-asset investment management solutions and services to the world’s largest buy-side institutions, has appointed Jakob Højland, as Commercial Director for SimCorp’s cloud services. Based in Copenhagen and reporting to SimCorp’s Chief Commercial Officer, Jochen Müller, the newly created role sees SimCorp forge ahead with the next generation of software-enabled services, where its flagship front-to-back, investment management platform, SimCorp Dimension, is available as a service, in the cloud.
In this newly created role, Højland will oversee the commercial aspect of SimCorp’s cloud transformation, which aims to complement the client experience and deliver global buy-side institutions with a complete offer, for their operational needs.
This comprises the delivery of innovative solutions complete with cloud-native functionality, and access to cutting-edge technologies, combined with a range of cloud-enabled managed services. Designed to empower client success, the complete offer, will enable clients increased flexibility and scalability, with SimCorp taking over the maintenance and responsibility of day-to-day investment operations.
An essential element to the role, is technical expertise and understanding of SimCorp’s cloud partners, including the recently announced integration with Microsoft Azure for public cloud, alongside existing partner, IBM, for private cloud. Having spent several years at Microsoft, as Global Account Executive in Financial Services and Fintech, Jakob led a team of over 20 colleagues, covering the entire Microsoft portfolio of products, cloud services and professional services. During which time he has gained extensive technical and market knowledge of enterprise cloud infrastructure.
In his new role, Højland will drive the adoption of SimCorp Dimension as a Service, to best support client outcomes. Using his in-depth understanding of cloud enablement, digital transformation and business-model reshaping, he will also create SimCorp’s cloud-readiness service, delivering best practice and advice, tailored to the unique business strategies of its clients.
Müller, Chief Commercial Officer, SimCorp says: “We welcome Jakob to SimCorp and are pleased to move forward with our cloud investments as planned, despite the recent industry disruption caused by the pandemic. Jakob’s technical insights and commercial competency will not only benefit the cloud program at SimCorp, but also our clients in turn. We know from speaking with the market, that firms now require a committed partner and no longer just a vendor, to fully understand and support their business outcomes. In response, SimCorp is already moving beyond the delivery of front-to-back, multi asset solutions, and towards the creation of long-term partnerships delivering easy to consume services, via a robust cloud offering and open access to innovation, to truly support our clients’ success.”
Højland, Commercial Director for cloud services, SimCorp, says: “I’m grateful and excited at the opportunity to be part of an innovative cloud program at SimCorp. Having worked with the company as a key partner to their cloud transformation so far, I look forward to establishing a compelling commercial direction for our cloud strategy. SimCorp’s cloud offering will provide a strong foundation for the next generation of SimCorp solutions and services, designed to enhance our clients’ experience, achieve their business goals and solve the challenges they face.”