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Deutsche Börse follows LSEG in race for data after €3.9bn SimCorp deal

Deutsche Börse's acquisition of SimCorp signals a move away from cash equities and towards data

The Frankfurt-based venue is mirroring the London Stock Exchange by backing growth in analytics
The Frankfurt-based venue is mirroring the London Stock Exchange by backing growth in analytics Photo: Daniel Roland/Getty Images

Deutsche Börse’s bid for Danish fintech SimCorp will reduce how much the exchange relies on its equities business for revenues.

“It was always our strategy,” said Deutsche Börse chief financial officer Gregor Pottmeyer. “We are focused on this data analytics segment.”

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