FINARCH, Simcorp, and CNID collaborate
19 December 2025 Canada
Image: HM/adobe.stock.com
Canadian National Investment Division (CNID) has formed a strategic partnership with SimCorp and FINARCH, to upgrade its existing SimCorp investment management platform system to enhance operational efficiency and future automation.
After CNID, which manages approximately CA$18 billion for one of Canada's largest single-employer defined benefit pension funds, implemented SimCorp’s investment management platform in early 2023, the firm intended to stay across the platform innovations and establish a framework for continuous improvement.
CNID utilises SimCorp as their middle and back office Investment Book of Record (IBOR) and Accounting Book of Record (ABOR), fully integrated with Snowflake for Reporting and Analytics — natively built into the platform.
The collaboration used SimCorp's Continuous Testing Service alongside FINARCH's specialised enhancement methodology.
SimCorp's automated testing toolkit validated the records and end-to-end transaction workflows, while FINARCH designed and executed user acceptance testing and cross-system integration validation.
After CNID, which manages approximately CA$18 billion for one of Canada's largest single-employer defined benefit pension funds, implemented SimCorp’s investment management platform in early 2023, the firm intended to stay across the platform innovations and establish a framework for continuous improvement.
CNID utilises SimCorp as their middle and back office Investment Book of Record (IBOR) and Accounting Book of Record (ABOR), fully integrated with Snowflake for Reporting and Analytics — natively built into the platform.
The collaboration used SimCorp's Continuous Testing Service alongside FINARCH's specialised enhancement methodology.
SimCorp's automated testing toolkit validated the records and end-to-end transaction workflows, while FINARCH designed and executed user acceptance testing and cross-system integration validation.
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