Case Study: Alte Leipziger achieves 30% productivity gain with SimCorp Dimension Risk Management

Alte Leipziger boosts risk department productivity by 30% with SimCorp

Alte Leipziger, a German insurer, faced challenges with its in-house Excel-based risk solution, which struggled with data management and could not meet growing internal and regulatory demands like Solvency II. Seeking a future-proof system to support investments and ensure a sustainable business, the company selected the SimCorp Dimension platform from vendor SimCorp.

By implementing SimCorp Dimension’s Risk Management module, Alte Leipziger achieved a front-to-back solution that significantly increased transparency and efficiency. The results included a 30% productivity boost in the risk department, equivalent to the work of two full-time employees, and a major reduction in operational risk. SimCorp provided the firm with the tools to be well-prepared for future requirements.

Alte Leipziger