Case Study Synopsis
- Organization: SIGNAL IDUNA Gruppe – a leading German insurance and finance group with 10,000+ employees and €6.6B in annual revenue.
- Challenge: Fragmented governance processes made it difficult to manage compliance across multiple entities and meet growing European regulatory demands (e.g., GDPR, DORA).
- Solution: Adoption of SAI360’s integrated GRC platform to unify governance, risk, and compliance processes under a centralized system.
- Implementation:
- Centralized database linking risk, compliance, and policy data.
- 12 modules deployed, covering areas such as regulatory change management, operational risk, data breach management, and third-party oversight.
- Integrated with external systems (ADONIS NP, SAP, LeanIX) for seamless data exchange.
- Results:
- Improved transparency and accountability across first- and second-line functions.
- Streamlined workflows and automated compliance updates.
- Enhanced reporting and decision-making through Cognos and Power BI dashboards.
- Future Plans: Expansion with AI-driven governance, DORA information management, and contract management modules.
Source: SAI360