Case Study: UNIQA Group achieves integrated risk management for complex structured assets with SimCorp XpressInstruments

UNIQA Group manages 65+ structured products with SimCorp

The UNIQA Group, a leading insurance group based in Austria, faced challenges in managing the complexity and unique risks of its extensive structured product portfolio, especially in a persistent low-interest environment. Their legacy systems and outsourced risk management created operational inefficiencies and prevented integrated risk oversight. To address this, they turned to vendor SimCorp and its XpressInstruments solution to gain system support for these complex instruments.

SimCorp's XpressInstruments was implemented to seamlessly integrate with UNIQA's existing SimCorp Dimension system. This solution automated the handling of non-standardized instruments, dramatically reducing time-to-market for new products and eliminating the need for error-prone manual processes. The results included a significant reduction in operational risk, integrated risk management across all asset classes, and an enhanced ability to calculate capital requirements. UNIQA now manages its entire range of assets within one consistent system.

UNIQA Group