Due to high maintenance costs from running multiple systems as well as inconsistencies in data Groupama Asset Management needed a new setup. As well as finding a simpler and more streamlined solution, they needed some special requirements in order to support their LDI investment strategy. Together with SimCorp, they are now able to integrate account features to support LDI investments.
In the end, Groupama Asset Management managed to displace 10 systems, ensuring better data across the organization and a future proof strategy.
Name: Groupama Asset Management
Industry: Insurance/Asset Management
AUM: EUR 100 billion
Since its creation in 1993 Groupama Asset Management, a subsidiary of Groupama, has established its place as one of the top French players in the field of asset management. Groupama Asset Management, which historically operated on behalf of numerous entities of the Groupama Group, has now put its expertise and know-how at the service of institutional investors, companies and distributors.