SimCorp: Launches new machine learning initiative with start-up Alkymi
- SimCorp, a leading provider of investment management solutions and services to the global financial services industry
- Partnership with New York based start-up, Alkymi also to launch a new Machine Learning (ML) initiative
- Many investment firms are also currently buckling under a number of operational constraints
- Alkymi’s Data Inbox is an ML-based platform the first of its kind to automatically extract data across enterprise workflows
- The initiative launched will incorporate Alkymi’s product into SimCorp’s cross-asset, front-to-back platform, SimCorp Dimension
- The partnership between SimCorp and Alkymi, which also sees SimCorp taking an investment stake in the start-up
