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Canada Pension Plan Investment Board Goes Live with SimCorp to Support Growth

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Leading $129.7 billion Canadian pension plan using SimCorp Dimension to
leverage new investment opportunities. 
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The Canada Pension Plan Investment Board (CPPIB), a Toronto-based professional
investment management organisation with $129.7 billion in assets under
management, has gone live with SimCorp Dimension to support the growth of
CPPIB's investment programmes. CPPIB is using SimCorp's flagship product to
improve scalability, control and automation in its investment opera-tions and
performance measurement. 

CPPIB previously outsourced investment operations and performance activities to
a third party organisation. CPPIB wanted to internalise its portfolio
recordkeeping, accounting and performance measurement functions. They selected
SimCorp Dimension because it is robust enough to support the breadth of CPPIB's
complex operational processes, while also providing the scalability needed to
meet the needs of its existing, new and growing investment programmes. CPPIB
recognised that SimCorp had the foundation to introduce an integrated platform
for end-to-end investment management, minimising integration complexity and
simplifying operational workflow. 

“What stood out to us immediately was the level of integration between
investment operations and performance processes that SimCorp Dimension
provides,” comments Benita Warmbold, Senior Vice President and Chief Operating
Officer at CPPIB. “SimCorp is helping us to scale our invest-ment and
operational processes to support the growing fund, and tailor our processes to
achieve the stability needed to support our long-term investment horizon.” 

CPPIB is utilising SimCorp Dimension to support the firm's investment
operations in the areas of portfolio accounting, treasury and performance
measurement. SimCorp supported CPPIB throughout the implementation process to
ensure minimal disruption to the company's day-to-day operations. 

David Kubersky, Managing Director of SimCorp North America, notes, “We're
pleased to be sup-porting CPPIB. As we strengthen our presence in Canada, we
are very pleased to partner with an organisation with the calibre of CPPIB, one
of Canada's largest institutional investors. The invest-ment management
industry is committing to growth and firms like CPPIB are a true reflection of
that commitment in their pursuit for the best enterprise software solutions to
support growth and value creation.” 

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Enquiries regarding this announcement should be addressed to:
Susan Peter, SimCorp North America (+ 1.917.546.4654)

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SimCorp
SimCorp is a leading provider of highly specialised software and expertise for
the investment industry. Established in 1971, with more than 1,100 employees,
SimCorp is listed on the NASDAQ OMX Copenhagen A/S. SimCorp enables global
investment management organisations to mitigate risk, reduce cost and enable
growth through development and implementation of its integrated and
market-leading financial software solution SimCorp Dimension. SimCorp is
headquartered in Copenhagen with subsidiaries and branches in Amsterdam,
Brussels, Frankfurt, Helsinki, Hong Kong, Kiev, London, Los Angeles, Luxemburg,
Munich, New York, Oslo, Paris, Singapore, Stockholm, Sydney, Toronto, Vienna,
and Zurich. For more information, visit www.simcorp.com 

CPPIB 
The CPP Investment Board is a professional investment management organisation
that invests the funds not needed by the Canada Pension Plan to pay current
benefits on behalf of 17 million Canadian contributors and beneficiaries. In
order to build a diversified portfolio of CPP assets, the CPP Investment Board
invests in public equities, private equities, real estate, inflation-linked
bonds, infrastructure and fixed income instruments. Headquartered in Toronto,
with offices in London and Hong Kong, the CPP Investment Board is governed and
managed independently of the Canada Pension Plan and at arm's length from
governments. At June 30, 2010, the CPP Fund totaled $129.7 billion. For more
information about the CPP Investment Board, please visit www.cppib.ca

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