Case Study: Belfius Bank achieves a streamlined front office and faster time-to-market with SimCorp Dimension

Shedding light on what front office managers expect from their technology infrastructure

Belfius Bank, a top Belgian bank serving about 3.5 million customers, faced operational complexity from many manual processes and disparate point solutions across its front and middle office. To achieve an integrated enterprise front office with intra-day portfolio analytics and a single IBOR user experience, Belfius selected SimCorp and its SimCorp Dimension platform to replace multiple vendors and custom tools.

SimCorp implemented SimCorp Dimension to cover front- and middle-office functions—IBOR, trading, order and portfolio management, compliance, performance and risk—delivering consistent data flows, fewer integration points and straight-through processing. The SimCorp solution simplified regulatory rule management (e.g., MiFID II readiness), reduced operational risk, and sped time-to-market and scalability—shortening the build time for new mandates by roughly three to six months while consolidating multiple vendors into one.

Belfius Bank

Jo De Mil

Senior Product Manager