PARIS, October 27, 2014 /PRNewswire/ --
SCOR Global Investments has chosen to equip itself with Taliance's GlobalAsset solution, a platform for carrying out analyses and financial projections in the management of property and other real assets.
SCOR Global Investments ("SGI") manages the investment portfolio of the SCOR Group's entities. SCOR is the world's fifth largest reinsurer, representing over 15 billion euros in assets.
Several factors have prompted SGI to revise its real estate fund management information system: on one hand, the desire to have an effective solution to respond to the reporting requirements of the new regulations, such as the AIFMD and Solvency II, and on the other hand, the goal of optimising investment and property risk management processes as part of the highly rigorous quality policy of the SCOR Group.
"We have consulted quite a few software companies, and Taliance offered the solution most adapted to our business. We were convinced by their GlobalAsset platform, which centralises property data and supporting information and has the advantage of working in conjunction with both front and middle office dynamic programmes that make it possible to generate forecasts and detailed financial analyses in real time," points out Marie-Elisabeth du Chayla, Finance & Administration Manager of the SGI Real Estate department.
Today, all of SGI's real estate funds have been modelled successfully. The asset management teams can automate the analysis calculations and investment vehicle performance simulation calculations at the level of individual assets, portfolios, or funds. These results are used to optimise and accelerate the management, forecasting, and arbitration processes in order to achieve greater efficiency at all stages of decision making, particularly for the investment committee.
"This automation of our business processes was made possible by first setting up a user-friendly data environment, the Taliance Data Synchronisation Environment (TDSE). As such, we are able to aggregate back office information from multiple sources, centralising them and making them available to the front office services in GlobalAsset in real time," affirms Laurent Gueraud, Global SGI IT Manager.
"Thanks to these changes, we are ready to comply with the new regulations. We are indeed capable, thanks to Taliance's solution, of extracting all of the information needed for regulatory reporting and ensuring traceability," adds Marie-Elisabeth du Chayla.
For more information, please go to: http://www.taliance.com
Contact:
Sabine Dorgan
Marketing & Communication Director - Taliance
Email: sabine.dorgan@taliance.com
