Axyon AI to Enhance SimCorp One Platform
In a significant move in the world of Fintech, Axyon AI has struck a strategic alliance with SimCorp. SimCorp’s service offering includes some of the leading investment management software in the world owned by Deutsche Börse Group. SimCorp will implement Axyon AI’s cutting-edge predictive analytics within the SimCorp One platform. And shall provide portfolio managers and institutional investors with access to sophisticated AI-generated investment recommendations within their current working environment. Delivery is planned for later this year and will represent a major enhancement to SimCorp’s front-office suite.
Axyon AI: Proven AutoML Platform
Core to Axyon AI’s platform is its custom-built AutoML platform, aimed at creating high-performing predictive models. This platform produces outputs that are specifically designed for institutional investors, in the form of signals that are operational, trustworthy, and immediately usable. Already adopted by several international asset managers, hedge funds and pension funds, the platform has a proven history of boosting investment strategies through AI-based analytics.
Automation of predictive model creation lowers the cost and complexity of in-depth market analysis. This means higher-quality insights for investors at less expense. This enables better portfolio outcomes for institutions and the clients they are serving.
SimCorp Expands Its Open Platform Ecosystem
The collaboration is also an extension of the SimCorp open platform ecosystem that plugs users into multiple third-party innovations. With the addition of Axyon AI to this ecosystem, SimCorp One clients have direct access to AI-based predictive analytics without having to leave their workflows. The ecosystem is built for seamless data integration, lowering the barriers to adoption and minimising vendor lock-in. Especially important for large financial institutions seeking to modernise the way they work.
This partnership is among SimCorp’s initiatives to further strengthen its value proposition through leveraging investments in best-of-breed solutions with in-house developed capabilities. Adding firms such as Axyon AI not only allows SimCorp One to be more flexible and future-proof. But also to meet the changing demands of world finance.
Why This Partnership Matters
The Axyon AI partnership with SimCorp is further evidence that AI is transforming financial technology at an ever-increasing pace. Traditional banks are facing heightened competition and squeezed margins as they attempt to compete with volatile market conditions. As they incorporate AI-powered predictive analytics into their core platforms, asset managers can act more proactively, be more informed in their decisions and thereby deliver more value to their clients.
This move is indicative of changes in the larger fintech market. There are increasing numbers of asset managers that are starting to see that these artificial intelligence (AI) tools are must-haves, not nice-to-haves, to keep up. Initiatives like this one illustrate how innovation and collaboration are critical to growing the new financial platforms.
Bottom Line
The partnership between Axyon AI and SimCorp is a groundbreaking development in the convergence of AI and financial technology. Through embedding predictive analytics in SimCorp One, the two companies are democratising predictive financial insights for portfolio managers, hedge funds, and institutional investors. Given the proven technology, success track record, and a firm business vision focused on innovation, Axyon AI is clearly staking its claim as a fundamental force of the AI revolution in financial markets.
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