CNID accelerates innovation through strategic technology partnership

Montreal, December 15, 2025 - Canadian National Investment Division (CNID), managing approximately C$18 billion for one of Canada's largest single-employer defined benefit pension funds, recognized a strategic opportunity to accelerate their technology capabilities.

After successfully implementing SimCorp’s investment management platform in early 2023, CNID wanted to stay current with the latest platform innovations and establish a framework for continuous improvement. CNID utilizes SimCorp as their middle and back office Investment Book of Record (IBOR) and Accounting Book of Record (ABOR), fully integrated with Snowflake for Reporting & Analytics – natively built into the platform.  

Through a strategic partnership with SimCorp, a leading global financial technology company, and FINARCH, a global consultancy specializing in digital transformation for the asset and investment management industry, CNID aimed to upgrade its system to the latest version to enhance operational efficiency and future automation. The project was successfully delivered on time, completing the full process from scoping to go-live in six months.

Strategic Partnership for Innovation 

The collaborative approach leveraged SimCorp's Continuous Testing Service alongside FINARCH's specialized enhancement methodology. SimCorp's automated testing toolkit efficiently validated millions of records and end-to-end transaction workflows, while FINARCH designed and executed user acceptance testing and cross-system integration validation. The approach minimized internal resource requirements and created reusable processes for future enhancements. 

Results and Strategic Value

The upgrade initiative delivered organizational benefits. Immediate advantages included seamless integration without operational disruption and enhanced platform functionality. The success of this upgrade adds to the continuation of a long-term transformation journey.