Trading

Deutsche Börse’s investment solutions business spikes 84% after SimCorp deal

Overall revenue was up 19% amid acquisition and organic growth

Deutsche Börse’s investment solutions business spikes 84% after SimCorp deal
Photo: Alex Kraus/Getty Images

Deutsche Börse’s investment solutions business rose 84% in the second quarter after its acquisition of SimCorp last year.

Revenue from its investment management solutions unit was €304m over the three months, while operating costs more than doubled for the division to €210.2m after it bought the investment software firm for €3.9bn last September.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump