Matthew Reid, Product Manager, Director, SimCorp
Who are you?
Matthew Reid, Product Manager at SimCorp
What firm do you work for? [How long have you been there? What other roles have you done before in that firm?]
What does your firm do?
Now SimCorp is a business with 20 plus offices and more than 1800 employees globally.
SimCorp have 52% of the top 50 asset managers (by AUM) as clients, 42% of the top 100 and 46% of the top 200
SimCorp Dimension has over 16,000 users worldwide and SimCorp retains 300 clients globally.
What do you do for that firm?
Product Manager, based in London, on the Order and Execution part of the front office product. One of a team of Product Managers on Front office that cover four products:
Order Manager - classic Order Management System functionality aimed at the centralised dealing desk
Asset Manager – ‘what-if’ scenario and portfolio modelling for Portfolio Managers
Compliance Manager – aimed at the Compliance Manager and the backbone of all of the compliance that is executed in the system
Alternative Investments Manager – Front Office system for illiquid assets and private markets but tends to be used by different teams, as this offers different functionality
What made you join your current firm?
SolutionForge was a technology supplier to SimCorp. And eventually SimCorp liked the product so much they bought the company. That was 15 years ago.
I thought I would be at SimCorp for a year, and I’ve stayed for 15.
What do you see going on in the world right now where people are gaining real commercial advantage from the product/services of your firm?
Blockchain / Distributed ledger technology – in use with your firm? Hype or real?
Cloud - in use with your firm? Hype or real?
Where do you see technology impacting in the next five years on:
- Your firm
- Wider market
Fintech – is that how you describe your firm?
Go crazy – make some wild predictions about machine learning, AI, DLT, cloud, whatever
The second paragraph (biography) was supplied by SimCorp as was the picture of Matthew Reid. This interview was conducted remotely over a Zoom call and transcribed by Alignment Systems. No payment was asked for or received either way.