Case Study: Swiss Life Asset Managers achieves 85% front-to-back securities coverage and streamlined IT governance with SimCorp Dimension

Using SimCorp Dimension to cover 85% of their scope for securities

Swiss Life Asset Managers, a major European asset manager operating across Switzerland, France, Germany, Luxembourg and the UK, faced a highly complex, slow and costly IT landscape with numerous legacy applications that covered only about 40% of required functionality. This fragmented environment created gaps in P&L visibility, sub‑optimal cash and collateral management, high operational risk, difficulty meeting regulatory requirements, and an inability to roll out new instruments or functionality efficiently. To address these issues they engaged SimCorp and its SimCorp Dimension platform.

SimCorp implemented SimCorp Dimension as a front‑to‑back solution, allowing Swiss Life Asset Managers to decommission multiple legacy systems and consolidate securities processing into one main tool that now covers 85% of their scope. The consolidation delivered streamlined governance (one budget and IT team), more accurate and timely accounting and P&L data, improved risk and regulatory management, fewer manual operations (reconciliation, settlement monitoring and matching) and faster external connectivity (SWIFT/FIX); the project was completed on time and on budget.

Swiss Life Asset Managers

Fiorina Stutz

Head of Securities IT Solutions Front & Accounting