Case Study: PGGM achieves pension reform ahead of schedule with SimCorp

PGGM delivers pension reform 2 years early with SimCorp

PGGM Investments, a Dutch pension fund manager with EUR 255 billion in AUM, faced the dual challenge of complying with the Netherlands' new Future Pensions Act by converting to a defined contribution system and simultaneously implementing a new sustainable investing strategy. The long-term client turned to vendor SimCorp and its SaaS platform to manage both major initiatives concurrently.

The solution involved migrating from an on-premise system to SimCorp's SaaS, which included moving its data warehouse to SimCorp’s cloud data warehouse to create a single source of truth. This provided the foundation for SimCorp to help PGGM successfully transition to the new pension system two years ahead of the industry deadline. The move also delivered a tenfold performance increase in key modules, giving investment teams significantly faster access to data and enabling both strategic initiatives to be completed simultaneously.

PGGM