SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced the appointment of James Corrigan as Managing Director of SimCorp’s North American operations.
James joins SimCorp from SunGard Financial Systems, where he has held several key management roles over the past seven years, most recently Executive Vice President of Capital Markets and Global Trading. Previous roles include leadership positions at Navigant Consulting and Headstrong Consulting.
In his role as Managing Director for SimCorp North America, James will focus his efforts on expanding SimCorp’s footprint in the US and Canada, while ensuring the success of the growing SimCorp user community in the region.
SimCorp CEO Klaus Holse, notes, “I am very pleased to welcome James to SimCorp and especially to our North American team. North America is a key market for SimCorp where demand is driven by the need to replace legacy systems with modern solutions that can reduce cost and operational risk while also provisioning for growth. I am confident that James’ industry tenure and leadership track record will prove to be tremendous assets in helping SimCorp grow market share in the region.”
“Joining a recognized world class organization that has spent over 40 years continuously developing and reinvesting more than 20 % of its annual revenue in research and development to ensure an innovative product is an exciting opportunity,” comments James Corrigan regarding his appointment. “This dedication to innovation is so vital in today’s changing landscape, as investment managers add more non-traditional assets to their portfolios. State-of-the-art systems like SimCorp Dimension are required to support these needs, and those that don’t keep up will certainly feel increasing pressure across their businesses. With two software releases annually, and as the industry’s only integrated front-to-back office investment management platform that supports unrivalled asset coverage, SimCorp leads with the technology infrastructure required to capitalize on new avenues for alpha generation. I am proud to lead a committed team of professionals in the North American market and to expand our presence in this important growth sector for SimCorp.”
James received a Bachelor’s degree in Business Administration, Finance and International Business from Marquette University, and has earned parts of his degree from universities in Kenya and Chile, respectively. He joins SimCorp as of September 3, 2014.
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Enquiries regarding this announcement should be addressed to:
Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000)