Austrian Insurer UNIQA Goes Live with SimCorp Dimension
In the second quarter of 2005 UNIQA Versicherungen AG went into production with SimCorp Dimension and will use the system to publish the semi-annual financial statement 2005 in accordance with local Austrian GAAP and IFRS. SimCorp Dimension says it is providing the large Austrian insurer with a standardized, cross-national solution for asset management, international accounting and risk management. The implementation of SimCorp Dimension has enabled UNIQA to unify the IT landscape in the areas of securities management and IAS reporting. The new system provides the overview and pricing of UNIQA’s capital investments in real time – for their individually managed holdings as well as for the assets managed by investment companies. The UNIQA group is one of the leading insurance groups of central Europe and market leader in Austria.