Modern Activity-based Costing

Customer Story

Activity-based costing model was required by Luminor’s executive management team to gain detailed cost transparency in granular dimensions, including product and segment. We appreciate msg global’s support in delivering a high quality project with a challenging timeframe.

Rait Maasikas

Head of Performance Management & Insight Department at Luminor Bank AS

We are very thankful to msg global for their contribution that allowed the achievement of our project goals in a timely manner.

Sandro Anselmi

Head of Reinsurance at Arca Assicurazioni

The msg global team developed a great standardized industry solution together with Swiss Mobiliar. They partnered effectively with our insurance leader and IT team. The implementation was timely and efficient and challenges were resolved in an effective and reliable manner.

Patric Deflorin

Managing Director, Head of Insurance at Swiss Mobiliar

luminor wordmark dark burgundy

Luminor Bank needed an activity-based costing solution that captured all costs in all dimensions at a granular level to improve management decision-making with complete transparency.

Luminor Bank AS

the third-largest retail bank in the Baltics

Tallinn, Estonia


Products & Services
Retail and Wholesale Banking Products


What was

Our industry-focused teams specialize in understanding specific business needs to shape solutions that create efficiencies and power performance. We speak your language, and our deep industry experience provides the best framework for delivering action-oriented results that fit your operational needs.


SAP Profitability and Performance Management (PaPM)

  • Flexible and intuitive interface for activity-based cost modelling
  • Fully integrated with the existing architecture to improve the data flow
  • Easy to manage by the finance and controlling users with minimum IT involvement

Learn more


Modernizing Activity-based Costing.

  • Existing activity-based costing system lacked flexibility and multi-dimensional views
  • Create an efficient process to support product and pricing decisions
  • Develop dimensional cost for granular analytics
  • Produce precision in profitability measurements and pricing


Explore. Implement. Report.

  • Transparency in analyzing complex cost allocation and tracing results back to cost origin
  • Efficient assessment and understanding of activities for cost optimization and competitive advantages
  • Generate process and cost comparisons across countries for better alignment

msg global
Supporting Luminor

We bring expertise, a customer-centric philosophy, and a focus on innovation to everything we do.

Global Experts

Global Experts

SAP PaPM activity-based costing solutions development and implementation

SAP FPSL Eco Delivery

Strategic Consulting

Focus on long-term success and a cooperative partnership

SAP PaPM Digital transformation

Digital Transformation

Passionate about the solution, eager to share knowledge and improve processes

msg global

Operating from offices across the globe, our expert teams help clients achieve operational efficiency and improve decision-making capabilities.

Project Delivery
As Promised

On-Time and On-Budget

Team Performance

Passionate team made success possible

Project Management
Cooperative Partnership

Reliable & Trustworthy

How can we help?
Contact us today

Over 2,500 insurance professionals work globally under the msg brand. At client locations, development offices and innovation centers, we continually add to our expertise to exceed client expectations.

Get in touch

msg global Louise Cooke

Louise Cooke

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