Operations & Change

SimCorp doesn't have to be complex. Many operational pain points have proven solutions that organizations simply get used to living with. Discover how to optimize your SimCorp operations through global best practices that increase efficiency, automate repetitive tasks, and reduce operational risk and cost. Learn practical approaches to getting the most out of your SimCorp processes and transforming everyday challenges into streamlined workflows.

Is SimCorp too complex? Many pain points don't have to exist. Discover practical solutions to common challenges: eliminate manual configuration promotion errors, secure batch processes from user changes, automate exception handling, validate your Chart of Accounts, gain visibility into segment conditions, and understand auxiliary jobs. These improvements have saved clients hundreds of thousands in wrong valuations while increasing operational efficiency.

Not all consultancies have your best interests at heart. Ebbe Kjaersbo, with over 20 years of SimCorp experience, reveals common tactics used by rogue consultants: false low-cost advertising, overselling unnecessary products, promising senior staff but delivering juniors, and deliberately delaying solutions to increase billable hours. Learn how to protect your organization with detailed RFPs, contractual protections, and experienced oversight to ensure project success.

When a Scandinavian bank lost $1.5 million in a single bond trade due to flawed security data, they knew they needed to act fast. Discover how StaticData's specialized solution for SimCorp helped prevent future costly errors by automatically validating and converting financial data from multiple sources. Sparebanken Møre's Rune Nordstrand shares why this cost-effective solution is essential for buy-side firms struggling with data quality.

Technology evolves rapidly, but is your SimCorp security keeping pace? With 63% of network intrusions due to compromised credentials and data breach costs projected to reach $150 million by 2020, single-layer password protection is becoming obsolete. While SCD offers Oracle database security and Kerberos, two-factor authentication is now the market standard. As SCD integrates with more systems, shouldn't your data, and money, be better protected?

Have you considered performing a SimCorp Dimension upgrade yourself? Jonathan Lanz shares his experience conducting independent SCD upgrades for 4-5 years at both a smaller pension firm and PFA, Denmark's largest private pension company. Discover how thorough planning, testing, and documentation made self-upgrades not only feasible but cost-effective with no time delays. Jonathan's key advice: plan, test, document, backup, and don't be afraid to try.

When PenSam needed a better solution for their growing alternative investments portfolio (22% of AUM), they partnered with SimCorp through their Client Driven Development program. Thomas Anker shares how the 18-month collaboration created the AI Manager module, involving hundreds of hours of design, testing, and workflow alignment. Discover the benefits of development partnerships and how centralized data platforms transform alternative investment management.