SimCorp Appoints Jensen as Head of ASP Division

Former head of IT promoted to lead ASP Division as vendor sees increased uptake of hosted solutions.

horvaldur Flemming Jensen, head of ASP Division, SimCorp

Copenhagen-based investment and portfolio management vendor SimCorp has announced the appointment of Thorvaldur Flemming Jensen as head of its applied service provider (ASP) division.

Jensen joined SimCorp in 2011 as head of IT. The appointment reflects a growing demand for hosted services, particularly within the North America region, where SimCorp has signed two new clients on an ASP deployment option of the Dimension platform.

"Our ASP organization is already well-established and runs in compliance with industry standards," said Jensen in a statement. "My focus will be to further streamline and standardize our operations, enabling efficient scaling of this rapidly growing part of the business ─ a task that I am looking very much forward to."

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