Case Study: KLP achieves greater cloud scalability and data quality with SimCorp

KLP extends database server life by 3 to 4 years with SimCorp

KLP Kapitalforvaltning AS, a subsidiary of Norway's largest pension fund, faced the challenge of maintaining its increasingly complex and large IT applications in-house, which diverted resources from its core business. To respond faster to market opportunities and modernize its operations, the company sought a new strategy, leading them to vendor SimCorp and its SimCorp Dimension and SimCorp Gain platforms.

SimCorp implemented a managed service solution, transitioning KLP's on-premise installation of SimCorp Dimension to its Application Management Service (AMS) and providing SimCorp Gain as a hosted cloud service. This provided superior operational resiliency, enhanced system stability with no downtime, and extended the lifetime of their database servers. The solution resulted in significant savings in implementation time and resources and allowed KLP to benefit from increased data quality and a scalable operating model.

KLP