Investment management software provider SimCorp has appointed Iyan Adewuya in the newly created role of chief product officer (CPO), effective immediately.
The move marks the second C-suite addition SimCorp has made in the last few months following Peter Sanderson’s appointment as CEO in August.
Commenting on the arrival of his new colleague, Sanderson noted that Adewuya “will help us anticipate client needs and take full advantage of AI”.
Adewuya brings over two decades of product experience to SimCorp and joins the company from S&P Global, where he held a variety of product leadership roles over a five-year stint with the firm.
Adewuya also previously spent more than four years in product leadership roles at BlackRock and more than 11 years at Bloomberg, during which time he oversaw product strategy and business development of corporate solutions and buy-side research analytics product lines, P&L of the corporate solutions and equity capital markets product lines, and more.
Founded in Denmark in 1971, SimCorp provides investment management solutions for financial institutions such as banks and asset managers, with its tech enabling businesses to manage both their public and private market portfolios.
In 2023, the company was acquired by Deutsche Börse, operator of the Frankfurt stock exchange, for €3.9 billion.
Just two months later, SimCorp announced it would be merging with global risk solutions provider Axioma as the companies sought to “create a powerful client-first offering across the entire investment management value chain”.
Source: https://www.fintechfutures.com/
