Case Study: PGGM modernizes collateral management and post-trade processing with SimCorp

PGGM streamlines collateral management for EUR 259 billion with SimCorp

PGGM, a major Dutch pension fund service provider, faced the challenge of overhauling its complex and manual post-trade processing and collateral management operations. This was driven by new regulatory requirements like SFTR and Uncleared Margin Rules. To address this, PGGM partnered with vendor SimCorp to utilize its SimCorp Dimension platform for an integrated solution.

SimCorp implemented an integrated approach, building upon its existing SimCorp Dimension IBOR to automate and secure PGGM's collateral processes. The solution included customizations for cleared repos and integration with specialist platforms like AcadiaSoft. Delivered on time and budget, the project made PGGM the first pension fund provider to centrally clear repos at EUREX. It increased efficiency, reduced costs, minimized operational risk, and provided the agility needed to meet future regulatory challenges.

PGGM