Swiss Re

  • Banking and insurance
  • Master data management
  • Master data repository

A Swiss insurance and reinsurance company that was founded in Zurich in 1863. It has a global presence and offers the following products Life insurance, reinsurance, property insurance.

Client

Swiss Re or Swiss Reinsurance Company, is an insurance and reinsurance company that was founded in Zurich in 1863. In terms of turnover, it is the second largest reinsurance company after Munich Re. It has a global presence and offers the following products :

  • Life insurance
  • ,

  • Reinsurance
  • ,

  • Property insurance

problematic

A pioneering company in data governance, Swiss Re used our services as part of a project to migrate group repositories from the SAP NetWeaver MDM 7.1 solution to Orchestra Networks EBX5.7. It contains more than 1,200 Reference Data items as well as the Employee, Partner, Supplier, Finance, Sites, etc.

The goal was to migrate in a limited time before the renewal of SAP licences.

Moreover, Swiss Re already had all of its governance organization in place around the existing solution, so we launched a major change management project to educate the professions in moving to the new solution.

  • How to replace the existing MDM solution with EBX in a timely manner while running a change management campaign within the Swiss Re Master Data teams?

Solution

This long-term project initiated by Swiss RE was spread over 2 years and took place around 3 main waves:

  1. Transfer of the existing solution from their MDM to put it back into the EBX solution: Master DATA, geographical data, etc…
  2. Transfer:
  • – Legal entities
  • – Work force (employees present in the company)
  • – Email and postal addresses / telephone numbers
  • – Call centre
  • – Management organisation  (internal)
  1. Ensure the establishment of:
  • All of their partners (employees, future customers, some suppliers)
  • National tax and Payments connection or PAYCO applications (applications that manage bank accounts and all payment solutions with their customers, suppliers, etc )
  • VENDOR solution (solution including all group suppliers)

De-commissioning the existing isoperimeter application on the functionalities, while ensuring the continuity of the dissemination and the acquisition of the existing reference information for the entire information system

Implementation of an application database around EBX to support growth and industrialization initiatives of the repositories within Swiss Re by promoting agile and Dev / Ops-oriented mechanisms (continuous integration, SLA Quality, etc.)

Definition of a new middleware oriented architecture to enable reuse.

Earnings

Following Apgar Consulting’s involvement, our Swiss client RE was very quickly able to:

  • Reduce costs: Initially Swiss RE used a SAP Suite
  • Today it uses an EBX MDM solution tailored to its business
  • Obtain a scalable system that progresses and advances over time
  • Keep ahead of their competitors. In fact, Swiss RE was the first to use and implement a MDM solution
  • To avoid losses from what it had previously established and realized
  • Store their information
  • Obtain data quality
  • Set up a MDM solution for the group that is consolidated, shared by everyone, scalable and sensitive to other areas
  • Establish a technology base in line with the times to promote the initiatives of the data governance department and have new opportunities to equip data governance within the Swiss Re organization
  • The decommissioning of a core application in a limited time.
  • Benefiting from increased change management that has prevented a big bang effect from data users and consumers.

problematic

A pioneering company in data governance, Swiss Re used our services as part of a project to migrate group repositories from the SAP NetWeaver MDM 7.1 solution to Orchestra Networks EBX5.7. It contains more than 1,200 Reference Data items as well as the Employee, Partner, Supplier, Finance, Sites, etc.

The goal was to migrate in a limited time before the renewal of SAP licences.

Moreover, Swiss Re already had all of its governance organization in place around the existing solution, so we launched a major change management project to educate the professions in moving to the new solution.

  • How to replace the existing MDM solution with EBX in a timely manner while running a change management campaign within the Swiss Re Master Data teams?

Earnings

Following Apgar Consulting’s involvement, our Swiss client RE was very quickly able to:

  • Reduce costs: Initially Swiss RE used a SAP Suite
  • Today it uses an EBX MDM solution tailored to its business
  • Obtain a scalable system that progresses and advances over time
  • Keep ahead of their competitors. In fact, Swiss RE was the first to use and implement a MDM solution
  • To avoid losses from what it had previously established and realized
  • Store their information
  • Obtain data quality
  • Set up a MDM solution for the group that is consolidated, shared by everyone, scalable and sensitive to other areas
  • Establish a technology base in line with the times to promote the initiatives of the data governance department and have new opportunities to equip data governance within the Swiss Re organization
  • The decommissioning of a core application in a limited time.
  • Benefiting from increased change management that has prevented a big bang effect from data users and consumers.