The main reason for choosing SimCorpâs investment management system has been the fact that it is a fully integrated solution. Additionally, the systemâs capabilities in the area of asset management and risk controlling as well as its handling of the continuously increasing legal requirements were crucial to LVM. With the implementation of SimCorp Dimension a number of individual and proprietary applications will be discontinued.
"With the investment in SimCorp Dimension we are strengthening our separate corporate entity within asset management", explains Jochen Herwig, member of LVMâs Board of Directors responsible for accounting and finance. "For us, professional capital investment is a key factor in achieving successful life insurance products, in positioning ourselves against our competitors."