Software AG
348 Case Studies
A Software AG Case Study
W&W Group, a Stuttgart-based financial services provider formed from Wüstenrot and Württembergische, serves over 6 million customers through insurance and savings-and-loan products. Facing stricter German regulatory requirements (MaRisk VA) and the limits of an Excel-based internal control system, W&W needed a process-oriented ICS with standardized alert and escalation management, richer documentation and auditable status reporting.
Working with IDS Scheer Consulting, W&W implemented ARIS Risk & Compliance Manager to centralize and automate ICS workflows, link processes with risks, controls and owners, and enable on-demand effectiveness testing. The new solution met MaRisk VA in weeks, produced auditable evidence for auditors, eliminated many manual tasks, cut auditing costs, saved about €2.5 million annually, and delivered an expected ROI of roughly 150%+ (≈153% over three years).
Jan Martin Wicke
Chief Revenue Officer