How to establish an outcome focused operating model with data as a service

In 2019, the Investment Management function of Zurich Insurance Group (Zurich) embarked on a transformative journey to optimize its operating model by adopting Data as a Service for market and reference data management.

Having recognized their on-premise EDM solution was not equipped to support the function’s long-term strategic goals, Zurich’s Investment Management took the decision to implement SimCorp Datacare, a complete managed service for market and reference data management that combines business operations, change management processes and a specialist advisory service.

In this exclusive interview, Michael Kopf, Chief Operating Officer, and Ruchir Verma, Head of Global Services, discuss the transition of Zurich’s Investment Management function to Data as a Service with SimCorp Datacare, the collaboration with SimCorp, and the tangible benefits this new operating model has brought to the organization.