Pension Fund - SimCorp Dimension Implementation
Canadian Pension Fund - SimCorp Dimension Implementation
Assignment Summary
Pentagon were engaged to support this client who had identified that their existing technical architecture platforms could no longer support the growth of their business and increase in AUM.
The client selected SimCorp Dimension as their platform of choice to support both the Middle and Back Office, including Investment Accounting.
Approach
Pentagon provided a number of consultants with extensive SimCorp Dimension domain experience of Investment Accounting, OTC instruments, Collateral Management, Securities Lending and Position Valuation to support the implementation, test phase and on-site BAU training of client personnel.
A Senior Pentagon consultant was also engaged to provide strategic consultancy advice to the project management team, to assist with the key functional decision making process.
Challenges
With a very broad coverage of Asset Classes and many complete derivative instruments, SimCorp Dimension was not implemented as the clients Enterprise System. Therefore, the solution required interfacing to the existing Enterprise System, running with a large implementation team covering both Simcorp Dimension and Enterprise Bus, which saw several challenges to establish a good coherence between both systems.
Outcome
The solution is now in production and Pentagon continues to support the client’s on-going requirements for SimCorp Dimension.