Arne Martin Moen

Arne Martin Moen, Chief Operating Officer, is responsible for maintaining and supporting the SimCorp Dimension installation as well as the back office and fund pricing functions. “We play an important role in gathering data from all our vendors, settling and reconciling the trades, pricing the funds and making sure our operations are running smoothly 24/5,” he explains.

A few years ago, Storebrand made the strategic decision to consolidate systems and get more out of SimCorp Dimension. On this, Arne says “We haven’t added a lot of new functionality for quite some time. However, after we made a strategic decision to consolidate systems onto the SimCorp Dimension platform, we had a look at all areas and tried to map out gaps. We have been working closely with the business side and have prioritized the implementation projects in the right order to maximize value to the overall business. The SimCorp Dimension product has always been very strong in the back-office space, but in the past 5-6 years it has really taken off in terms of middle and front office functionality.” So much so that Storebrand is now playing a game of catchup, having maintained a status quo for quite some time, they are now on a journey of consolidation, and expanding into SimCorp’s front office solution.

Moen ha a 16-year career in the finance  industry and heads up Investment Operations and Technology at Storebrand Asset Management – says the core aims of the company involve generating international exposure to the Nordics and providing services that are relevant for both European and UK customers, as well as supporting a wide range of ESG initiatives. 

“We have a long history in the ESG space,” he says. “We've been working on sustainability for more than 25 years, and we want to be a sustainable pioneer. Those are the three positions that we take as a company.”