Storebrand Asset Management Video Testimonial – Arne Martin Moen

Scaling smart: How Storebrand nearly tripled AUM with SimCorp One

As Chief Operating Officer at Storebrand Asset Management, Arne Martin Moen oversees the operational foundation that enables their investment business to scale efficiently. From his leadership perspective managing growth, resources, and operational efficiency, Arne explains how their integrated SimCorp One platform provided the scalable foundation for extraordinary business outcomes - nearly tripling assets under management from 500 billion to 1,400 billion Norwegian Kroner over 10 years while maintaining lean operations and avoiding the typical growing pains that come with such expansion.

Watch: 3 minutes on Storebrand’s platform consolidation journey

We've really seen the value in it [SimCorp One] because it contains all the data. We don't have to do a lot of data reconciliation. All the data is in one system, front to back. We have all the portfolio managers on there, we even have external clients on there, and we have a holistic view of all our data and everything that goes on in the whole investment process.
Arne Martin Moen
Chief Operating Officer, Storebrand Asset Management

We manage the whole index and quant portfolio management setup with only four people. And that's quite impressive given the amount of trades, the amount of AUM that they look after.
Arne Martin Moen
Chief Operating Officer, Storebrand Asset Management

When I joined in 2015, we had about 500 billion Norwegian Kroner Under Management. Today it is about 1,400. So it's almost tripling the AUM over 10 years and we have not added a lot more people.
Arne Martin Moen
Chief Operating Officer, Storebrand Asset Management

The solution

Storebrand selected SimCorp One as their enterprise platform to replace multiple third-party systems and create a truly integrated front-to-back solution. The decision was driven by the need for:

Unified data architecture eliminating reconciliation complexity
Scalable operations to support rapid AUM growth
Integrated investment process from front office to back office
Open architecture providing flexibility for API-driven optimizations

The platform now provides a unified view across their portfolios, delivering real-time data across the organization.

The business benefits

Business scalability
The integrated platform enabled Storebrand to nearly triple their AUM from 500 billion to 1,400 billion NOK over 10 years without proportional headcount increases, achieving remarkable efficiency gains.

Investment process optimization
Portfolio managers benefit from our unified data platform enabling their entire index and quant portfolio setup to be managed with just four people, given the volume of trades and AUM they oversee. This efficiency is reinforced through custom-built optimizers using SimCorp's APIs that provide the tools needed to handle this scale while maintaining competitive advantage.

Cost efficiency
Consolidating multiple systems into one platform significantly reduced maintenance costs and operational complexity while improving data consistency and reducing reconciliation requirements.

Quick Facts

Company: Storebrand Asset Management
Headquarters: Norway
AUM: 1,400 billion NOK
Asset classes: Equity, fixed income, index, quantitative strategies
Website: www.storebrand.com

About Storebrand Asset Management

Storebrand Asset Management is one of Norway's largest asset managers, providing comprehensive investment solutions across traditional and alternative asset classes. The company serves institutional and retail clients through integrated investment management and sustainable investing expertise, with a strong focus on operational efficiency and scalable growth strategies.