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Challenger has inked a non-binding memorandum of understanding with a global SaaS investment management solutions provider with the aim to launch a new stand-alone investment administration company.
(PLX AI) - SimCorp signs non-binding Memorandum of Understanding with leading investment manager and existing client in APAC.• SimCorp intention being to form a new company in Australia, New Zealand, and
(PLX AI) - SimCorp Q1 EBIT margin 13.5%, down from 21.8% last year.• Q1 revenue EUR 114.7 million vs. estimate EUR 118 million• Q1 EBIT EUR 15.5 million vs. estimate EUR 24 million• Says lower EBIT was
(PLX AI) - Is SimCorp a buy or a sell after yesterday's earnings? Danske and Nordea analysts take opposing views. • SimCorp shares fell yesterday after the company landed only 1 Dimension deal in Q4 and
(PLX AI) - SimCorp shares fell 2% in early trading after the company announced only 1 Dimension deal in the fourth quarter and issued guidance below consensus. • In Q4, SimCorp signed one Dimension deal