Case Study: MEAG achieves seamless STP and improved front office efficiency with SimCorp Front Office Suite

MEAG achieves 100% seamless STP with SimCorp

MEAG, the asset manager for Munich Re and ERGO, faced the challenge of replacing legacy systems to achieve a high degree of operational efficiency and a competitive time to market. Their vision was to build a new operating model with 100% straight-through processing (STP). To meet this challenge, they chose SimCorp’s portfolio management system as a main pillar of their new architecture.

SimCorp implemented its Front Office Suite, including Order Manager and Compliance Manager, to provide MEAG with a single, integrated platform for portfolio management. The solution delivered a consistent core system, reduced operational risk, and automated compliance checks. The measurable impact was an estimated investment performance improvement of 1/2 basis point of alpha, gained through faster time to market and fixed income performance attribution. MEAG now relies entirely on the SimCorp system.

MEAG