Case Study: Equinor Asset Management grows AUM and expands with SimCorp Dimension

Equinor Asset Management grows to NOK 93 billion AUM with SimCorp

Equinor Asset Management ASA, a Norwegian asset manager, faced challenges with manual processes, spreadsheets, and disparate systems that hindered efficiency and increased operational risk. To overcome this, they selected SimCorp and implemented its integrated front-to-back investment management platform, SimCorp Dimension.

The solution from SimCorp automated operations and provided a single source of truth, which drastically reduced manual workarounds and spreadsheet usage by approximately 50%. This allowed Equinor to expand into new business areas, including establishing seven UCITS funds, without adding any new employees, thereby growing its assets under management with the same cost base and number of FTEs.

Equinor Asset Management ASA