SimCorp Welcomes Allen Zimmerman as Head of Americas

SimCorp, a provider of industry-leading integrated investment management solutions for the global buy side, announced on Monday the appointment of Allen Zimmerman as Managing Director, Head of Americas, effective 15th April.

Zimmerman will lead SimCorp in the region, including its analytics business Axioma, with responsibility for defining its strategic direction and realizing SimCorp's growth aspirations in the Americas. He joins SimCorp from BlackRock where he served as a Managing Director, focused on business development for its investment management technology offering since 2015. 

With 18 years of experience in the financial services industry, including leadership roles within the portfolio analytics and quantitative models businesses within Barclays and Citi, Zimmerman brings extensive expertise in front office modeling, financial markets and a profound understanding of utilizing financial technology to enhance the efficiency of investment managers through a fully integrated end-to-end approach.

"I am delighted to welcome Allen to SimCorp as the leader of our growing Americas team. Allen has emerged as an outstanding leader, bringing deep expertise in understanding clients and a track record of successfully expanding investment technology businesses," said Christian Kromann, Chief Executive Officer at SimCorp.

In January 2024, the merger between SimCorp and Axioma was finalized, resulting in a combined organization with over 360 clients in the region.  

"The Americas are the top strategic priority for SimCorp. Our goal is to at least double the customer base for SimCorp and Axioma in the region and it will undoubtedly serve as the primary growth engine for us over the next five years. Allen’s track record of delivering outstanding client results will be instrumental in driving our further expansion in this key region," Kromann said.  

Reporting to Chief Revenue Officer Oliver Johnson and based in New York, Zimmerman will focus on building on the consistent double-digit growth that SimCorp has experienced in the region over the past several years.  

"With 360 clients across the Americas, SimCorp already has a strong presence in the region, and I am energized by the challenge of leading initiatives here and delivering value to our clients. As market conditions increase the demand for investment managers to operate more efficiently, SimCorp stands well-prepared for sustained growth in the Americas," Zimmerman said.