AllianceBernstein selects SimCorp to turn out to be front-to-back infrastructure

AllianceBernstein has decided on international fintech SimCorp as its core funding spouse because the company appears to give a boost to its front-to-back infrastructure.  

Karl Sprules

The partnership is ready to construct on AllianceBernstein’s present era, through incorporating all-in-one funding control platform, SimCorp One into its core front-to-back infrastructure.  

In particular, the providing is ready to supply AllianceBernstein funding groups with higher get right of entry to to centralised and real-time knowledge, thru each market-leading and proprietary buying and selling gear.  

“We stay up for remodeling our company’s present infrastructure to empower our funding groups, serve our international purchasers, and scale for the long run,” stated Karl Sprules, leader running officer of AllianceBernstein.   

“Thru SimCorp One, AllianceBernstein’s front-, middle-, and back-office platforms might be unified on a unmarried, state of the art funding platform.” 

Learn extra – MSCI and SimCorp increase partnership to give a boost to buy-side get right of entry to to non-public marketplace knowledge  

Integration of SimCorp One is lately underway, with advantages comparable to enhanced innovation, experience and information efficiencies are anticipated to be carried out all over AllianceBernstein’s infrastructure and funding groups.  

The core funding knowledge platform is ready to be the primary characteristic included into AllianceBernstein’s front-, middle-, and back-office platforms, as a part of a multi-year phased implementation.  

Allen Zimmerman, head of Americas at SimCorp, stated: “Innovation is rooted in AllianceBernstein’s DNA, and it has enabled their workforce to provider one of the most international’s maximum subtle purchasers.  

“SimCorp One will lend a hand enlarge AllianceBernstein’s endured aggressive edge in primary markets.”