SimCorp
72 Case Studies
A SimCorp Case Study
NÜRNBERGER, a German insurer managing EUR 27.56 billion (end of 2015), faced tighter BaFin investment regulation, a shift from HGB to IFRS accounting and the need to move from legacy systems to a tech‑driven, actively managed investment process. To meet these challenges it selected SimCorp and implemented the SimCorp Dimension platform to support more sophisticated, compliant and efficient investment and risk‑management practices.
SimCorp implemented SimCorp Dimension as a central data pool and front‑to‑back platform, delivering automated market/static data feeds, four‑eyes controls, error‑free settlement and out‑of‑the‑box aggregated reporting. A lean three‑phase rollout retired the legacy system, introduced new asset and risk workflows, and integrated IFRS accounting (including accounting manuals for all instruments). Today some 40 NÜRNBERGER employees use SimCorp Dimension daily, enabling uniform data, on‑demand aggregated key ratios without programming, compliance with national and international standards and improved active risk management.