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

UNIQA Insurance Group unifies investments across 10 countries in 10 months with SimCorp

UNIQA Insurance Group, one of the largest insurers in Austria and Central and Eastern Europe, faced the challenge of managing its investments across numerous subsidiaries using different systems. This created a complex web of interfaces and manual processes that hindered consolidation. To create a single source of truth for its entire investment operations, UNIQA turned to vendor SimCorp and its SimCorp Dimension platform.

SimCorp implemented a rapid, large-scale rollout of SimCorp Dimension to 10 additional countries in under 10 months. The solution centralized all investment data onto the platform's Investment Book of Records (IBOR), automating processes that were previously manual. This provided UNIQA with instant, group-wide access to investment data, replacing a process that used to take up to six weeks. The result was the elimination of constant reconciliation and assured data quality, establishing SimCorp Dimension as the golden standard for investment management across the entire group.

UNIQA Insurance Group