PineStone achieves $52B AUM and continues growing with SimCorp One

As a 2021 spinoff from a large Montreal asset manager, PineStone Asset Management faced the dual challenge of rapidly building their operational infrastructure while maintaining focus on their core investment expertise. With a small team and limited technology resources, they needed to implement a comprehensive front-to-back system quickly to support their ambitious growth strategy across global markets. SimCorp One combined with Investment Operations Services, a managed business service, enabled this scalable growth, now at USD 52 billion AUM.

The solution

PineStone selected SimCorp One with Investment Operations Services as their integrated solution, replacing the need to build, connect, and manage disparate best-of-breed solutions. The decision was driven by four key factors:

1. Scalable architecture supporting ambitious growth plans
2. Single platform approach eliminating multiple vendor complexity
3. Rapid implementation to get the starting operational foundation in place
4. End-to-end operational coverage with limited additional headcount

The integrated solution now provides:

• Real-time total portfolio views giving portfolio managers complete visibility
• Unified platform ensuring data consistency and eliminating system integration risks
• Dedicated operations specialists acting as an extension of their team
• Focus on core business activities while operational tasks are handled seamlessly

Within the front office, the real-time total portfolio is very helpful because it is a very easy screenshot of everything we own. So when the portfolio managers look at their screens, they know exactly what they own, in one view.

Claudia Gourde
Partner, General Counsel and COO, PineStone Asset Management

The business benefits

Scalable growth
SimCorp Investment Operations Services supported PineStone's growth by reducing the need for proportional operational headcount increases. The comprehensive operational coverage limited hiring and training requirements for additional staff, enabling efficient growth while maintaining a lean operational structure. PineStone continues to scale with this foundation in place.

SimCorp’s Investment Operations Services assists us in having a very lean team. So we do not have to worry about having to hire and support the growth with development and training.

Claudia Gourde
Partner, General Counsel and COO, PineStone Asset Management

Rapid market entry
PineStone achieved the platform implementation in just three months, enabling quick market launch despite limited internal technology expertise and allowing the investment team to focus immediately on core portfolio management activities. It allowed PineStone to start operating rapidly. Once the business was operational, SimCorp worked with PineStone for the retroplanning and finalizing the details of the set up.

Strategic partnership
After three years of collaboration, PineStone has built a strong partnership with SimCorp that provides confidence in their operational foundation and supports their long-term growth planning with responsive support and deep business understanding.