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Horizon 2026 – our new strategy

Release date:
23 Apr 2024

Horizon 2026 – our new strategy

At its Investor Day on 7 November 2023, Deutsche Börse presented its new “Horizon 2026” strategy.

Its core elements are:

continued strong organic growth of seven per cent per year until 2026
the completed acquisition of SimCorp, contributing a further three per cent per year to growth
the new Investment Management Solutions segment as a strategic cornerstone with high growth potential and recurring revenues
an expansion of the leading position in the area of digital platforms for existing and new asset classes
a refined capital management with more active use of share buy-backs, beginning in the first quarter 2024 with a volume of €300 million

Horizon 2026 in a nutshell

Organic growth

With continuous trust in our business model and a priorisation of sustainable capital allocation, we continue our focus on strong organic net revenue growth.

Based on structural industry trends, the ever growing importance of the buy-side, evolving customer needs and a normalising interest rate environment, organic growth will continue to be the cornerstone of the strategy in the future.

Investment Management Solutions

In re-shaping the former Data & Analytics segment, Deutsche Börse will strengthen its focus on data and analytics-powered investment management solutions.

The segment combines the existing subsidiaries Institutional Shareholder Services (ISS) and STOXX as well as Axioma with the newly added software and SaaS business of SimCorp.

The aim is to offer institutional investors products and services along their entire value chain.

Digital assets

The long-term growth potential from new technologies is based on the digitalisation of asset classes and the corresponding trading and settlement platforms. It will focus on:

the further expansion of cloud usage
the accelerated development of Clearstream's D7 digital post-trading platform
the creation of a trading platform for digital asset classes to significantly expand the range of both, investable and tradable instruments.

“Horizon 2026 is a natural evolution of our strategy and mainly based on three strategic imperatives: first, the continued delivery of strong organic growth, which has been a proven strength of Deutsche Börse over the last years. Second, the successful implementation of the new Investment Management Solutions segment with its strong growth and high synergy potential. And last but not least we want to expand our leading role in the digitalisation of asset classes.”

Theodor Weimer, CEO, Deutsche Börse AG