Swiss Re Implements Microgen Accounting Hub, Aptitude

The reinsurer hopes to consolidate and standardize its global accounting environment for asset management using the platforms.

Zurich-based Swiss Re has gone live with London-based Microgen’s Microgen Accounting Hub and Microgen Aptitude. The company began the implementation in 2008.

Microgen Accounting Hub allows the company to collate accounting information from separate systems across the business that can then be standardized on one platform, while Microgen Aptitude enables business processes to be rapidly amended, supporting both business and market changes, according to the companies.

“Like many financial institutions, our business is exceptionally data driven. We wanted to ensure that we have the right processes in place to ensure an accurate view of both our businesses and the financials underlying them,” Christian Behek, Head AM & RM IT Solutions for Swiss Re, in a statement.

Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio