SimCorp
72 Case Studies
A SimCorp Case Study
Aegon Asset Management faced a legacy investment management environment of in‑house solutions and a 1990s system that relied on spreadsheets and manual workarounds, leaving straight‑through processing (STP) rates unsatisfactory and constraining growth. After an extensive selection process, Aegon Asset Management chose SimCorp and its SimCorp Dimension platform to address the need for higher automation, insurance‑specific accounting, multi‑market flexibility and reduced operational risk.
SimCorp implemented SimCorp Dimension to consolidate systems and automate investment processing, removing many Excel‑based workflows and increasing automation across investment processes by more than 20%, taking trade processing from no automation to over 85%. The SimCorp deployment cut headcount by 15%, materially lowered operational risk, improved connectivity to venues and custodians, and was delivered on time and within 2% of budget — enabling Aegon Asset Management to reduce costs and pursue new growth opportunities.
Wouter Peters
COO