What C-alm does

c-alm AG is a privately-held Swiss consulting firm founded in 2005 and headquartered in St. Gallen, specializing in advisory and software services for the Swiss occupational pension (BVG/2nd pillar) and insurance sectors. The firm serves pension funds, collective and joint institutions (Sammel- und Gemeinschaftseinrichtungen), building and health insurers, foundations, and government bodies, with an interdisciplinary team of approximately 60 professionals covering actuarial science (SAV), pension expertise (SKPE), investment consulting, statistics, and software engineering.

The firm's offering is anchored in core actuarial and ALM consulting (ALMA) and extends into a proprietary product suite: AUGUR for quarterly long-term return and risk forecasts across 70+ asset classes; REAL DB Indizes tracking Swiss mortgage investments since 1999; Finport Standardportal, Pensionpeers, and Da Vinci BVG as licensed pension fund administration and benchmarking tools; Economico, a freemium asset management cost-comparison web portal; and p-alm, a consulting application for private clients. Distribution is direct to enterprise institutional clients in Switzerland, supplemented by self-service digital tools and annual events such as c-alm Kompass. The firm has no disclosed external investors and operates as a partner-owned Aktiengesellschaft, with revenue generated through professional services fees, software licenses, and recurring data subscriptions.

Name

C-alm

Legal name

c-alm AG

Website

https://c-alm.ch

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

c-alm AG is a Swiss pension and actuarial consulting firm founded in 2005, serving institutional pension funds, insurance companies, and foundations in Switzerland with ALM, investment consulting, proprietary data services (AUGUR, REAL DB), and pension fund software (Finport, Pensionpeers, Da Vinci BVG).

Ownership category

akta.pro rank

Product category

Pension Fund Consulting

NAICS

Management Consulting Services (54161), Custom Computer Programming Services (541511), Administrative Management and General Management Consulting Services (541611)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

ERP, CRM & Enterprise Applications Consulting (BPAHAEAI)

akta.pro secondary industries

Financial Planning & Analysis (FP&A) & BI (HDAEAMAG), Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

Keywords

• Actuarial consulting services
• Pension fund advisory
• Asset-liability management
• Investment consulting
• Occupational pension consulting

Headquarters

HQ city

Neumarkt

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Consulting Services: Actuarial consulting, investment consulting, investment controlling, ALM consulting, legal advisory, and expert services for pension funds and insurance companies
2. Software Licenses: License solutions including Finport Standardportal, Pensionpeers, and Da Vinci BVG for pension fund management
3. Data Services: AUGUR return forecasts, REAL DB indices, and financial calculators as data service products
4. Publications and Research: Expert publications and research on pension fund topics, ESG, and financial markets

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

c-alm AG is a Swiss consulting firm that provides actuarial, investment, and asset-liability management (ALM) consulting to pension funds, insurance companies, and other institutional clients in Switzerland. The firm supplements consulting with proprietary licensed software (Finport Standardportal, Pensionpeers, Da Vinci BVG), subscription-based data services (AUGUR return forecasts, REAL DB indices, AHV and FRP 4 calculators), and the Economico online cost-comparison platform for institutional asset management.

Product overview

C-alm AG is a Swiss actuarial and pension consulting firm offering an integrated portfolio of consulting services, software solutions, and data services for pension institutions. The core consulting services include ALMA (actuarial consulting, investment consulting, investment controlling), supplemented by licensed portal solutions (Finport Standardportal, Pensionpeers, Da Vinci BVG). Data services include Augur (return forecasting), pensionpeers, AHV-Rechner, and REAL DB Indizes. The company also operates online platforms including Economico for asset management cost comparisons and p-alm for private client consulting. All offerings are designed for Swiss pension funds, insurance companies, collective institutions, and benefit organizations.

Differentiator

Problem solved

Functional benefit

Brands

• AUGUR: Return forecasting infrastructure providing long-term return and risk forecasts for over 70 asset classes
• REAL DB Indizes
• Economico
• p-alm
• pensionpeers
• Finport
• Da Vinci BVG

Products and services

• ALM (Asset-Liability Management) Consulting Comprehensive asset-liability management consulting including ALM analyses for Swiss pension funds and insurance companies, covering liability modeling, asset strategy alignment, and risk assessment.
• AUGUR Subscription-based data service providing long-term return and risk forecasts for more than 70 asset classes, with quarterly updates, spot-date fundamental analysis, and ALM model integration.
• Finport Standardportal Licensed portal software solution for pension fund management and data management, providing institutional clients with a standardized administration platform.
• Pensionpeers Licensed peer-comparison solution that allows pension funds to benchmark performance and structural metrics against comparable institutions.
• Da Vinci BVG Licensed BVG-compliant software solution for occupational pension fund administration in Switzerland.
• AHV Rechner Online calculator for estimating individual Swiss 1st pillar (AHV) old-age and survivors' insurance benefits with economic-consistent derivation and personal situation inputs.
• FRP 4 Rechner Online tool that calculates the upper limit of the technical interest rate for Swiss pension institutions under FRP 4 valuation principles.
• REAL DB Indizes Benchmark indices for Swiss mortgage investments, with the REAL DB Hypotheken CHF Index tracking investment foundations and FINMA-regulated funds since 01.01.1999 in equally-weighted and capital-weighted variants.
• Economico Online web portal for free cost comparisons in institutional asset management for mandates from CHF 500,000 to CHF 30 million, listing competitive asset management providers for Swiss institutional and private investors.
• p-alm Consulting application for private clients providing holistic financial and pension planning through consistent balance sheet and income statement extrapolation, supporting life-cycle and goal-based investing.

Quantifiable outcome

• 20 years of operation with established market position
• +1 more outcomes

Named customers2 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• AzenescoreStrategic or Co-development Partnerc-alm and Azenes have strengthened their cooperation to offer a comprehensive range of consulting services for all insurance areas. The broad expertise in 1st and 2nd pillar, life, building, health, accident, property and reinsurance is used for joint development projects, expert work, and concrete implementation forms. The partnership significantly expands expertise in KVG and VVG areas.
• Ostschweizer BVG-AusbildungcoreStrategic or Co-development PartnerFour St. Gallen institutions have united their knowledge under the 'Ostschweizer BVG-Ausbildung' association to create a platform for trustees and managing directors of second pillar institutions. c-alm provides BVG continuing education modules covering topics including risk-based supervision, investment strategy, pension fund management, and benefits.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Ortec Finance: Provider of ALM software, investment decision-making tools, and scenario analytics for pension funds — overlaps with c-alm's AUGUR/ALMA offerings on the technology/data side rather than pure advisory.

Broad incumbents

• Aon: Global professional services firm offering actuarial, benefits, and investment consulting to Swiss pension funds and insurers; broader portfolio but directly overlaps with c-alm in Swiss occupational pension advisory.
• WTW (Willis Towers Watson): Global advisory, broking, and solutions firm with significant Swiss pension and actuarial consulting practice; competes with c-alm on mid-to-large Swiss pension mandates as part of a broader portfolio.
• Mercer (Marsh & McLennan): Global consulting leader in health, wealth, and career advisory, including significant Swiss pension investment and actuarial consulting capabilities that compete with c-alm at the larger end of the Swiss market.

Direct peers

• Libera AG: Swiss consulting firm providing actuarial, pension fund, and occupational benefits advisory to Swiss institutions — directly competes with c-alm across both actuarial and investment consulting.
• Synpact AG: Swiss actuarial and pension consulting firm focused on occupational benefits (BVG), serving Vorsorgeeinrichtungen with actuarial and governance advisory — a direct competitor on the liability/expert side.
• PPCmetrics AG: Swiss investment consulting firm focused on pension funds and institutional investors, providing investment controlling, manager selection, and ALM-style advisory — a direct competitor to c-alm's investment-side pension advisory practice.
• Complementa AG: Swiss actuarial and pension consulting firm offering ALM, actuarial, and investment advisory to occupational pensions — comparable to c-alm in customer segment (Swiss Vorsorgeeinrichtungen) and service mix (actuarial + investment consulting).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about C-alm