ESG reporting and performance innovation: A Business Analyst's view
As Senior Business Analyst at Storebrand Asset Management, Trygve Strand Lunder supports organizational development across both operations and asset management. His work involves analyzing business requirements, including ESG reporting, and supporting analytics initiatives. In this interview, Trygve explains how SimCorp One delivers the standardized ESG calculations Storebrand relies on while discussing the faster, more dynamic performance reporting they're moving towards with Investment Analytics Performance.
Watch: Trygve discusses ESG transparency and analytics performance innovation
Supporting Storebrand's development: From ESG standards to next-gen performance
ESG reporting excellence
"ESG is very important in Storebrand. We actually have 30 years of history working with ESG matters. What SimCorp One helps us with is providing standardized calculations and increasing transparency in the calculation," Tryge explains.
This supports their comprehensive regulatory reporting requirements across multiple business lines.
Regulatory compliance
The platform enables Storebrand to meet complex reporting needs.
"We can fill our reporting needs for SFDR and FRD for both our Asset Management business and also the pension, life insurance business in the Storebrand Group. The output is used both for regular reporting, but also for our annual report."
Real-time performance innovation
Looking ahead, Trygve notes their implementation of SimCorp's next-generation performance solution.
“In the legacy reporting for performance with the measurement and reports there are significant calculation time and also data storage costs. We're looking to reduce that with Investment Analytics Performance and instead have faster loads and more dynamic reporting as well.”
This solution delivers on-demand calculations and flexible attribution analysis, enabling investment teams to understand performance drivers in seconds rather than hours.
The impact
Through their SimCorp One implementation, Storebrand has achieved:
- Enhanced ESG transparency with standardized calculations
- Comprehensive regulatory coverage across SFDR and FRD requirements
- Cross-business reporting for both asset management and insurance operations
- Next-generation performance analytics with on-demand calculations and instant results
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.