Case Study: UNIQA Group achieves a single source of truth for group investments with SimCorp Dimension (SimCorp)

Investments Are Now Uniformly Managed Across the Entire UNIQA Insurance Group

UNIQA Group, a leading insurance group in Austria and Central and Eastern Europe serving about 15.5 million customers, faced fragmented investment management across its subsidiaries — multiple local systems, manual consolidation and long reporting lead times. To create a single source of truth for bonds, funds, shares and derivatives, UNIQA turned to SimCorp and its SimCorp Dimension platform.

SimCorp implemented a group-wide rollout of SimCorp Dimension (June 2019–April 2020), onboarding 10 countries in under 10 months (about one month per country) and migrating 1,350 investment positions with more than 50,000 accounting and risk attributes onto a live IBOR. The rollout eliminated up to six weeks of reporting delay by providing instant, automated group-wide views and daily/ad-hoc analysis, improved data quality through automated accounting updates, and established a consolidated foundation for IFRS 9 — all delivered by SimCorp.

UNIQA Group

Petra Umbrich

Head of Group Finance