Swiss Life goes into production with SimCorp Dimension

Swiss Life uses SimCorp Dimension as the integrated platform for asset management, covering mainly the areas of accounting, settlement via SWIFT, portfolio management, compliance, performance measurement and the related reporting. Swiss GAAP and IFRS are currently used as accounting frameworks.

"We are delighted that we have completed our ambitious implementation project on time, and budget and with the agreed functionality," said Patrick Frost, Group Chief Investment Officer of Swiss Life. "Since February, we have used exclusively SimCorp Dimension and replaced two systems in the front office and accounting."

About Swiss Life
The Swiss Life Group is one of Europe's leading providers of life insurance and pension solutions. The Group offers individuals and corporations a broad range of products combined with comprehensive advice through its own sales force as well as brokers and banks in Switzerland, France and Germany. It provides internationally operating corporations with employee benefits solutions from a single source, and is among the global leaders in structured life and pension products for high net worth individuals with its centres of competence in Luxembourg, Liechtenstein and Singapore.

Swiss Life is the majority shareholder of the Hanover-based AWD Group, one of Europe's top financial services providers for the medium- and high-income customer segments. AWD offers its clients independent financial advisory services. It employs over 6,300 financial consultants in ten European countries.

Swiss Life Holding, registered in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. Swiss Life Holding is listed on the SWX Swiss Exchange (SLHN).