Networks Europe Jan-Feb 2016 | Page 27

CASE STUDY BackOffice Associates is a leading expert in data migration. Back Office reduces the risk, cost and complexity for Zurich Insurance. Introduction Founded in Switzerland in 1872, Zurich Insurance Group (Zurich) is a leading multi-line insurer, delivering a wide range of general insurance and life insurance products and services to a broad range of business and private clients. With over 55,000 employees operating in more than 170 countries, Zurich has three core business segments — General Insurance, Global Life, and Farmers. To reduce costs and improve efficiency Zurich embarked on a Finance Transformation Program that involved consolidating 23 legacy SAP systems into a single production instance. As a multiyear, multi-wave program Zurich needed a reusable migration solution and methodology for future waves. Main Goals: • Smoothly migrate 23+ different ERP systems to a single, central SAP FI financial accounting, controlling and business warehousing solution • Quickly and reliably cleanse and integrate data from these legacy systems into the new target system • Meet timeline and budget requirements • Improve data quality and implement a sustainable data governance capability • Implement best practices across projects including re-using business rules and technical data mapping BackOffice Zurich selected BackOffice based on its proven record of success with complex information governance projects. Zurich saw how the BackOffice approach reduced risks and controlled costs through automation, pre-built content, reusable templates and expert services. Additionally, by leveraging the business rules enforced throughout the migration process, Zurich is now also able to achieve sustainable data quality. Best Practices In its evolution, into a global insurer, Zurich developed or acquired a large number of ERP systems. While these tools were designed to meet local regulatory or financial reporting requirements, they often used differing data standards. Through migration with a bespoke tool set, this made it difficult to identify conflicting business rules or create effective and reusable reconciliation reports, making reuse between country deployments or for data cleansing impossible. To remedy this Zurich decided to implement an integrated data migration tool set that could better identify, harmonise and remediate these differences, and govern data quality in the target solution. As the program involved deploying multiple waves in parallel, Zurich needed an easier, repeatable, traceable and fully auditable migration process. BackOffice offered exactly what Zurich needed. Through proactive data assessments and active management of the data cleansing and reconciliation process, BackOffice helped Zurich enhance and govern all aspects of data migration. Local data migration leads now have a reliable tool and 24/7 access to useful reports that help business users correct (or exclude) rules and value mappings well in advance of final go-live approvals. This ability to collaborate has resulted in a dramatic improvement in data quality and predictable data migration results. “We worked with local leads to maximize the use of key business resources and to resolve complex questions. This measurably increased data accuracy and lowered risk as we got closer to production migration,” said Andrea Smith, SAP Convergence IT Program Manager, Zurich Insurance. Future Road Map Zurich’s global data migration project will continue into 2017, a