SimCorp and 360T Strengthen Partnership to Optimize FX Trading For Buy-side Firms

SimCorp, a global leader in financial technology, and 360T Group, a best-in-class global Foreign Exchange (FX) trading platform and technology provider that offers execution for FX, Money Market Products, Commodities and now also Cryptocurrencies, today announced an expansion of their strategic partnership.

Through this partnership, buy-side firms using the integrated, front-to-back investment platform SimCorp One will gain access to 360T’s award-winning Execution Management System (EMS). In addition, SimCorp clients will now be able to access 360T through FIX as a Service, which is SimCorp One’s managed service that connects brokers and trading platforms. This integration enhances buy-side firms’ ability to execute orders quickly and efficiently across financial markets.

360T’s EMS enables buy-side firms to optimize their FX workflow automation across the entire trade lifecycle. It enables traders to execute FX trades in a more cost-effective and streamlined manner, addressing the challenge of achieving best execution. The 360T EMS alleviates the burden of handling larger flows and  reduces operational risks by eliminating manual processes, while enabling firms to maintain a clear and comprehensive audit trail of all trading activity.

“We are delighted to offer the functionality of 360T to our clients,” said Oliver Johnson, Chief Revenue Officer, SimCorp.  “SimCorp One covers every step of the investment management lifecycle, and our clients can tailor the platform to their specific needs. Through this strategic partnership, clients can now execute FX trades more cost-effectively with 360T, which is one of the leading FX execution venues globally and part of Deutsche Börse Group. This integration delivers tangible value to our clients by streamlining the onboarding process for faster time to value as well as providing additional optionality, enabling them to make better investment decisions for their customers.”

Sebastian Hofmann-Werther, Chief Revenue Officer FX & Digital, 360T Group, commented: “A powerful combination of innovative workflow solutions, advanced automation tools, and proprietary market data feeds has driven the widespread adoption of 360T’s EMS among the world’s leading investment managers, earning it numerous industry accolades[3].   We are very excited about this strategic partnership with SimCorp as it enables 360T to further enhance our value proposition for institutional buy-side firms by aligning SimCorp’s world-class investment platform with our industry-leading EMS

Hofmann-Werther added: “Building on a long-standing integration with SimCorp’s front-office Order Manager, the integration of SimCorp One with 360T’s EMS marks a significant advancement for buy-side firms — extending access to advanced FX workflow and execution capabilities to a broader segment of SimCorp’s client base.”

The partnership between SimCorp and 360T marks a significant milestone for their parent company Deutsche Börse Group in further developing a comprehensive buy-side offering that aims to connect investment managers to the Group’s wider trade and post-trade ecosystem.