SimCorp
135 Case Studies
A SimCorp Case Study
Zurich Insurance Group faced a challenge with its legacy on-premise market and reference data management setup, which was complex, required extensive maintenance, and diverted its investment management team's focus from high-value work. To address this, Zurich partnered with vendor SimCorp to leverage its Data Management Services for a more standardized and efficient operating model.
The solution implemented by SimCorp involved transforming Zurich's entire data management process into a cloud-based service. This included transferring operations for data sourcing, cleaning, and change management to SimCorp. The results were substantial, enabling Zurich to simplify its internal teams, offload non-critical tasks, and redirect resources to strategic initiatives like analytics and reporting, thereby gaining a scalable and future-proof data management model.