Hamburger Pensionsverwaltung (HPV) has selected SimCorp Dimension as its front-to-back asset management system.
HPV has around EUR 3.5bn assets under management.
The intensive selection process was accompanied by the consultancy BELTIOS GmbH and included comprehensive workshops and visits to existing SimCorp Dimension client sites. The decisive factors were SimCorp Dimension's front-to-back functionality, broad instrument coverage and especially SimCorp's expertise in the performance measurement and risk management areas.
"As a pension fund we are in general facing the same challenges as the insurance industry", explains Tanja Gharavi, member of HPV's board and responsible for asset management. "Therefore we have decided for the market leading software SimCorp Dimension and thereby positioned ourselves competitive and future-proven".
"Facing constantly increasing demands we are convinced that SimCorp Dimension is the best solution for the insurance as well as for the pension industry," stresses Dr. Jochen Müller, Managing Director, Sales & Product Management of SimCorp GmbH. "We are delighted that HPV, a well-known German pension fund, has selected SimCorp Dimension. Pension funds are an important customer segment for SimCorp; today five of the ten largest European pension funds are using SimCorp Dimension".