Following a detailed selection process, Fennia Mutual Insurance Company – one of the leading Finnish providers of life and non-life insurance services for enterprises and private households – has selected SimCorp Dimension as its future investment management system. Fennia Mutual Insurance Company chose SimCorp Dimension because of the platform’s ability to provide a completely integrated, yet modular, front-to-back solution with strong capabilities within risk and compliance.
“As an insurance company we operate in a market characterised by capital and regulatory constraints, a market where we are constantly faced with tighter regulatory and reporting requirements introduced by new legislation. It has therefore been a major priority for us to find and deploy a solution that would not only help us manage and streamline workflows, but also allow us a competitive advantage in being able to efficiently mitigate risk and comply with regulatory requirements,” says Fennia Mutual Insurance Company investment director, Eero Eriksson. “We have spent more than a year evaluating the market and have no doubt that SimCorp Dimension is the system best suited to meet our existing and future business needs.”
“It is a great pleasure to have Fennia Mutual Insurance Company choose SimCorp Dimension as its future investment management platform,” says vice president at SimCorp, Lau Harting Jeppesen, “This agreement confirms our strong Finnish market position and we are pleased to welcome Fennia Mutual Insurance Company to our Finnish client base.”
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Enquiries regarding the announcement should be addressed to:
Lau Harting Jeppesen, Nordic Sales Director, SimCorp Nordic, +45 3544 6710 / +45 2085 1000.
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About SimCorp
SimCorp is a leading provider of highly specialised software and expertise for the investment industry. SimCorp supports global investment management organisations in mitigating risk, reducing cost and enabling growth through development and implementation of its market-leading financial software solution SimCorp Dimension. Established in 1971, with more than 1,100 employees, SimCorp is listed on the NASDAQ OMX Copenhagen A/S. SimCorp is headquartered in Copenhagen with subsidiaries and branches in Amsterdam, Brussels, Frankfurt, Helsinki, Hong Kong, Kiev, London, Los Angeles, Luxembourg, Munich, New York, Oslo, Paris, Singapore, Stockholm, Sydney, Toronto, Vienna and Zurich. For more information about SimCorp, visit www.simcorp.com.