Enables pension funds to analyze funding risk, asset-liability mismatches, run stress tests and ALM scenarios, and provides reporting for solvency and regulatory compliance.
Specialized software that assesses the risk of funding shortfalls by analyzing the relationship between asset performance, contribution levels, and benefit obligations under various scenarios.
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Multiple Data Source Integration Ability to import data from various financial, actuarial, and market sources (files, APIs, databases). |
SimCorp Dimension connects to multiple sources for holdings, benchmarks, accounting, and external market data via APIs and built-in adapters (as per SimCorp documentation). | |
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Automated Data Validation Automated checks for data completeness, consistency, and accuracy to prevent errors in analysis. |
Automated data validation features are mentioned under data quality management in SimCorp system guides. | |
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Historical Data Archiving Secure storage and retrieval of historical data for backtesting and trend analysis. |
Dimension keeps historical positions/data for performance history and regulatory reporting; supports back-testing. | |
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Data Update Frequency Frequency at which the system updates its data feeds. |
No information available | |
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Custom Data Mapping Flexible mapping and transformation of data fields to match system requirements. |
Offers flexible mapping/import tools as part of its ETL and data integration suite. | |
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User Data Import Templates Availability of import templates to streamline regular uploads. |
User import templates available; part of SimCorp’s standard onboarding and data upload process. | |
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Audit Trail for Data Changes Tracking and logging of all data edits, sources, and user changes. |
All data and parameter changes are tracked in audit logs according to SimCorp documentation. | |
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Scalability for Large Datasets System’s capacity to efficiently process large and complex datasets. |
No information available | |
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Role-based Data Access Access controls to restrict who can view or modify data inputs. |
Granular role-based access for sensitive data management confirmed in various SimCorp releases. | |
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Error Reporting & Notification Immediate alerts and documentation when input data fails validation. |
Error notification and reporting is part of workflow management in the ETL/data integration process. |
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Stochastic Scenario Generation Ability to generate randomized financial, demographic, and economic pathways for robust risk assessment. |
Supports stochastic scenario modeling with Monte Carlo and similar analyses, per product datasheet. | |
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Deterministic Scenario Analysis Allows users to define and analyze specific, user-chosen scenarios. |
Users can define deterministic scenarios (e.g., interest rates, credit events, etc.). | |
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Macroeconomic Stress Testing Tests the impact of extreme economic events on funding risk. |
Stress testing functions include macroeconomic shocks and scenario analysis. | |
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User-Defined Scenario Customization Option to customize key scenario variables (inflation, interest rates, salary growth). |
End users can set scenario parameters including inflation, growth, and other factors. | |
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Simultaneous Scenario Runs Number of scenario paths that can be run in parallel. |
No information available | |
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Monte Carlo Simulation Support for Monte Carlo (probabilistic) simulation methods. |
Advanced stochastic scenario generation including Monte Carlo noted in marketing collateral. | |
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Built-in Pre-defined Scenarios A library of standard economic, regulatory, or actuarial scenarios. |
Built-in libraries for standard regulatory and actuarial scenarios (Solvency II, etc.) are provided. | |
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Historic Replay Capability Ability to replay and analyze past market or funding conditions. |
SimCorp’s historic replay enables users to analyze past market periods. | |
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Correlation Modeling Handles correlation among risk factors (assets, liabilities, macro factors). |
Correlation modeling supported for asset and factor risk modeling in ALM and risk reports. | |
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Scenario Visualization Tools Graphical representation of scenario paths for insight and analysis. |
Scenario/graphical outcome visualization is part of SimCorp dashboards and reporting suite. | |
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Scenario Storage Capacity Number of scenarios that can be stored for future review and benchmarking. |
No information available |
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Dynamic Funding Ratio Calculation Continuously updates the funding ratio (assets/liabilities) as scenarios evolve. |
System provides real-time projection and updating of funding ratio metrics during scenario analysis. | |
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Shortfall Probability Estimator Calculates probability of funding ratios falling below specific thresholds. |
Shortfall probabilities are included in risk reporting modules. | |
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Shortfall Magnitude Metrics Quantifies the possible size of a shortfall (deficit severity). |
Shortfall magnitude and related deficit metrics are a standard dashboard output. | |
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Time Horizon Flexibility Allows shortfall analysis over multiple user-selectable time periods. |
Users can select analytical time horizon for risk and shortfall reporting. | |
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Funding Level at Risk (FLaR) Estimates the potential negative movement in funding level at a chosen confidence interval. |
The platform supports FLaR calculations for selected confidence levels. | |
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Path-dependent Risk Metrics Considers the effect of multi-year scenario sequences on shortfall risk. |
Supports path-dependent scenario and risk analysis. | |
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Real-time Recalculation Speed Time taken to update key funding risk indicators upon parameter change. |
No information available | |
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Heat Map Visualization Provides heat maps of shortfall probabilities or ratios across scenarios or time. |
Heatmaps are included for funding and scenario risk results in reporting suite. | |
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Customizable Thresholds User can set custom alert or reporting thresholds on funding ratios. |
Custom alert thresholds for key risk and funding metrics can be configured by users. |
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Multi-Asset Class Modeling Supports modeling for diverse investments (equities, bonds, alternatives, real estate, etc). |
Dimension supports multiple asset classes including alternatives, public, private, and real estate. | |
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Custom Asset Return Assumption Flexible specification of expected asset returns, volatilities, and correlations. |
Custom asset return settings (means, standard deviations, correlations) available in ALM setup. | |
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Liability Cash Flow Projection Projects future benefit payments based on plan rules and demographic assumptions. |
Liability cash flow modeling for pension liabilities is a core product feature. | |
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Customizable Mortality & Demographic Tables Allows input or adjustment of mortality, retirement, turnover rates. |
Users can input or import custom mortality/demographic tables. | |
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Automatic Duration/Convexity Calculation Calculates key duration metrics for assets and liabilities. |
Duration and convexity for assets/liabilities are part of ALM/analytics modules. | |
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Contribution Policy Modeling Models the impact of user-defined employer and employee contribution strategies. |
Contribution policy modeling is available in ALM/pension liability modules. | |
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Liability Sensitivity Testing Tests how liabilities react to changes in economic and demographic assumptions. |
SimCorp enables sensitivity analysis on liability models. | |
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Asset Allocation Optimization Tools Provides tools for optimizing allocations based on risk/return objectives. |
Portfolio optimization and asset allocation tools are built into SimCorp Dimension. | |
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Frequency of Model Recalibration Indicates how often asset or liability models are recalibrated to new data. |
No information available | |
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Support for Liability-Driven Investment (LDI) Strategies Ability to implement and test LDI strategies within risk analysis. |
Liability-Driven Investment strategy modeling is supported for ALM and pension funds users. |
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Custom Stress Test Design Build and run custom stress tests simulating market, regulatory, or credit shocks. |
Custom user-defined stress scenarios can be configured for risk testing. | |
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Built-in Regulatory Templates Pre-configured templates matching local or international pension risk guidelines. |
SimCorp has pre-built regulatory report templates for multiple jurisdictions. | |
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Compliance Reporting Automatic generation of compliance reports for regulators or trustees. |
Product includes compliance reporting (including solvency, EIOPA, etc.). | |
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Automated Threshold Alerts Automated alerts when risk metrics breach regulatory or internal limits. |
Can trigger alerts if risk/compliance limits are exceeded. | |
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Audit Compliance Logging Tracks all stress tests and compliance checks performed. |
Audit trails/logging for all compliance and risk testing steps are available. | |
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Frequency of Automated Compliance Checks How often the system runs automated compliance or regulatory checks. |
No information available | |
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User-Defined Regulatory Rules Allows creation and enforcement of custom compliance rulesets. |
Allows users to set up custom regulatory or risk rules for compliance. | |
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Integration with Regulatory Portals Direct electronic submission of regulatory filings and reports. |
Direct electronic submission to some regulatory portals is supported via export/adapters. | |
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Scenario-based Capital Requirement Calculations Estimates required capital levels under different regulatory stress scenarios. |
Regulatory capital requirements can be stressed under different scenario types. |
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Custom Report Builder Allows users to design and generate bespoke risk and funding reports. |
Supports custom and ad hoc report generation via query builder. | |
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Standard Report Templates Provision of ready-made reports for trustees, management, and regulators. |
Includes standard report templates for management and external reporting. | |
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Interactive Dashboards Real-time, user-interactive dashboards for monitoring key funding risk indicators. |
Interactive dashboards support drag-and-drop, filtering, and automatic refresh. | |
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Export Formats Support Ability to export reports in various formats (PDF, Excel, CSV, HTML). |
Reports can be exported as PDF, Excel, CSV, XML and more. | |
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Drill-down Data Exploration Users can dig into underlying data behind reports and graphics. |
Provides drill-down from high-level to transaction-level or calculation details. | |
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Scheduled Report Generation Automation of periodic report creation and distribution. |
Supports automated, scheduled generation/distribution of reports. | |
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In-app Charting & Heatmaps Embedded graphic tools for presenting complex scenario outcomes. |
Charts/heatmaps for scenario and risk visualization are in reporting modules. | |
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Real-time Data Refresh Frequency with which displayed data and visualizations update. |
No information available | |
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Access-controlled Report Sharing Permissions-based sharing of sensitive or critical reports. |
Access permissions for reports are role and user-group controlled. | |
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Narrative Commentary Integration Incorporate written management commentary into reports and dashboards. |
Allows integration of free-text commentary into dashboards and reports. |
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Concurrent User Support Maximum number of users supported simultaneously. |
No information available | |
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Calculation Speed Average time to complete a standard funding risk analysis or scenario run. |
No information available | |
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99.9% Uptime Guarantee Service availability based on industry standard uptime SLAs. |
Service level agreement includes uptime/availability at industry-standard 99.9% or above. | |
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Cloud & On-premise Deployment Options Support for both cloud-based and on-premise installations. |
SimCorp offers both cloud (SaaS) and on-premise installation options. | |
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Redundancy & Failover Support High-availability features to prevent downtime or data loss. |
Infrastructure supports failover and disaster recovery for high-availability. | |
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Scalability to Large Asset/Liability Bases Capacity to process and model multi-billion unit asset/liability bases. |
No information available | |
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Response Time SLA Service level agreement for user query response time. |
No information available | |
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Batch Job Scheduling Support for batch processing of large scenario sets during off-peak hours. |
Batch and scheduled job operations supported for scenario/risk analyses. | |
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Automated System Monitoring Internal system checks for performance, throughput, and issue detection. |
Platform provides automated system monitoring for performance and errors. | |
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Disaster Recovery Plan Documented and tested procedures for system recovery in case of disaster. |
SimCorp has a documented disaster recovery plan for its cloud and managed services. |
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Intuitive User Interface Modern, easy-to-navigate interfaces for financial and non-financial users alike. |
UI is recognized as highly configurable and modern as per user forums and analyst reviews. | |
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Role-Based Dashboard Customization Dashboards tailored to different roles (CIO, actuary, trustee). |
Custom, role-based dashboards are supported (e.g., for CIO, risk team, operations, etc.). | |
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Mobile Device Compatibility Responsive design or dedicated app for tablet/smartphone use. |
Product is available via browser interface that is responsive to mobile/tablet form factors. | |
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Accessibility Compliance Meets accessibility standards (WCAG, ADA, etc.). |
No information available | |
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Multi-language Support Availability in several major languages. |
No information available | |
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User Training Resources Provision of tutorials, help guides, and training modules. |
Training, webinars, documentation, and onboarding resources are provided by SimCorp. | |
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User Onboarding Speed Average time for a new user to become proficient in core features. |
No information available | |
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Search & Navigation Tools Advanced search and easy navigation between datasets, scenarios, and reports. |
Robust search and navigation for data, scenarios, and reports included. | |
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Custom User Preferences Settings/preferences saved for each user profile. |
Custom user preferences (dashboards, alerts, saved reports) are available. | |
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Context-Sensitive Help Help widgets and tips relevant to screen/action in use. |
In-app help and tooltips are regularly mentioned in product demos and guides. |
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End-to-End Data Encryption All stored and transmitted data is encrypted. |
All data (at rest and in transit) is encrypted, per SimCorp security documentation. | |
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Multi-factor Authentication User logins are protected by at least two-factor authentication. |
Two-factor/Multi-factor authentication is supported for logins. | |
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Granular Permission Controls Fine-tuned controls for assigning access to data, features, and reports. |
Role, group, and user-level granular permission controls are supported. | |
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Audit Log of User Activity Comprehensive logging of all user actions for compliance review. |
All user activity is tracked in audit logs. | |
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Regular Security Audits System is subject to regular, documented security assessments. |
Undergoes regular internal and external security audits. | |
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Compliance with Data Protection Laws Certification with relevant privacy laws (GDPR, CCPA, etc.). |
Product is GDPR-compliant and supports other privacy regimes per vendor documentation. | |
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Data Retention Policy Management Tools to enforce policy-based data retention and destruction. |
Product provides policy enforcement for data retention/destruction schedules. | |
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Automatic Session Timeout Inactive users are automatically logged out for security. |
Automatic session timeout/logoff is a supported platform feature. | |
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Third-party Vendor Security Vetting Thorough risk reviews for any external data or plugin providers. |
Vendor vetting is part of due diligence; referenced in risk/compliance documents. |
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API Availability Comprehensive APIs for data exchange with other systems. |
APIs are available for most core risk and data modules for system integration. | |
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Standard Data Format Compatibility Support for industry-standard data formats (XML, JSON, Excel). |
Supports industry data/file standards as listed in product integration guides. | |
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Actuarial System Integration Direct connection with external actuarial projection and valuation tools. |
Market standard actuarial integrations are referenced in ALM marketing collateral. | |
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Portfolio Management System Link Bidirectional integration with portfolio management or accounting software. |
Integration with portfolio and accounting systems is a standard offering. | |
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Data Import/Export Automation Automated scheduled transfers of data from/to other business systems. |
Scheduled automated import/export is supported for data feeds and connectors. | |
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Plug-in Architecture Easily add additional analysis modules or vendor extensions. |
Plug-in architecture for adding modules is mentioned in extensibility documents. | |
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Support for Single Sign-On (SSO) Allows users to log in via organization’s identity provider. |
SSO is available through various identity providers (SAML/AD/etc.). | |
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Custom Integration Workflow Designer Tools or scripts for building and saving custom integration flows. |
No information available | |
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Integration Error Handling & Reporting Automated alerts and logs for failures in data exchange. |
Error handling/logging for integrations is supported with alert features. |
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Dedicated Support Channels Access to multi-channel support (email, chat, phone, ticket). |
Multi-channel support (chat, email, phone, client portal) is available. | |
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Service Level Agreement (SLA) Defined commitments for support and system maintenance response times. |
SLAs for support and maintenance agreements are published and available. | |
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User Community and Knowledge Base Active user forums and searchable documentation. |
User community forum and rich searchable documentation provided at SimCorp.com. | |
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Product Roadmap Transparency Publicly shared roadmap of planned system improvements. |
High level roadmap and product vision are shared publicly and in client meetings. | |
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Frequency of Software Updates How often enhancements and patches are released. |
No information available | |
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Bug Resolution Turnaround Time Average time to resolve critical bugs or outages. |
No information available | |
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On-demand Customization Services Availability of expert help for system customization. |
Consulting and on-demand customization are available from SimCorp. | |
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Multilingual Technical Support Ability to get help in multiple major languages. |
SimCorp provides support in multiple languages (per global support information). | |
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Client-driven Feature Request Portal User portal to submit and track enhancement requests. |
Feature request portal/tracking is available for clients via the support site. |
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