Main aspect for ARAG, besides the front-to-back functionality from dealing to settlement, was the comprehensive coverage within risk management, especially with regards to Solvency II and the German MaRisk regulation. Additionally, the possibility of parallel book keeping facilitates the use of SimCorp Dimension in the groupâs subsidiariesâ accounting.
âPowerful asset management software is essential when trying to offer competitive insurance productsâ, says Gregor John, director of Asset Management at the ARAG Group. âThis is exactly SimCorpâs core competence area.â
âThanks to the modular structure of SimCorp Dimension we are able to provide our customers exactly the needed functionalitiesâ, explains Dr. Jochen MÃ¼ller, managing director of sales and product management, SimCorp GmbH. âWhen further requirements arise, the corresponding functionalities can be added at any time.â