25 July 2025 | Friday | News
Picture Courtesy | Public Domain
SimCorp, a leading global financial technology company, announced that AXA will implement the award-winning1 SimCorp One platform alongside SimCorp Managed Business Services to improve portfolio monitoring and strengthen financial risks management.
By adopting SimCorp One, AXA's investment and risk management teams will benefit from a real-time, consolidated view of positions across all entities in the group. This helps eliminate operational friction and enables seamless investment monitoring — supporting AXA's investment requirements of its global insurance business with speed and scale.
"By partnering with SimCorp for both technology and business services, we're not just implementing a platform – we will transform how we operate," said Jean-Baptiste Tricot, Group Chief Investment Officer, AXA. "SimCorp's comprehensive approach delivers multiple strategic advantages: it simplifies our technology stack with a single, integrated platform, while SimCorp's Business Services will allow us to focus our teams on activities that deliver greater value to our clients. SimCorp's technology leadership and insurance expertise give us confidence that the platform will scale with our evolving needs."
SimCorp One addresses critical challenges facing the insurance industry, including increasing regulatory complexity, the need for operational efficiency, and demand for integrated technology solutions that support both public and private market investment strategies.
By selecting SimCorp One, AXA gains access to continuous platform innovation, comprehensive data management capabilities, and specialized insurance industry expertise that will support the organization's evolving investment requirements across its global operations.
The platform's unified data model addresses the critical need to balance portfolio management with accounting standards, ensuring consistent risk and investment oversight while supporting compliance with regulatory requirements.
Fintech Business Asia, a business of FinTech Business Review
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