Case Study: HOOPP achieves advanced derivatives processing and liability-driven investment capability with SimCorp

HOOPP - Customer Case Study

HOOPP (Healthcare of Ontario Pension Plan), a CAD ~60 billion defined‑benefit pension fund, needed a modern investment management platform to support a large, complex derivatives program (notional around CAD 200 billion) and a liability‑driven investment (LDI) strategy. Their legacy system and hundreds of spreadsheets couldn't handle derivatives accounting, settlement and risk controls, so HOOPP selected SimCorp and its SimCorp Dimension solution to replace the outdated platform.

SimCorp implemented SimCorp Dimension as a single front‑to‑back investment system, automating derivatives processing, collateral management, daily mark‑to‑market and IBOR workflows. The SimCorp solution removed error‑prone manual processes, reduced operational and counterparty exposure (daily exposure effectively reduced to zero through collateral and daily marks), and gave HOOPP faster, more flexible support for its LDI and return‑seeking strategies—helping sustain the fund’s strong funded position and long‑term performance.

HOOPP

Jim Keohane

President and CEO