The Swiss Re Group is a leading wholesale provider of reinsurance, insurance, and other insurance-based forms of risk transfer. Founded in 1863, Swiss Re operates through offices in more than 30 countries. Swiss Re was ranked 118th in Forbes’ 2000 Global Leading Companies of 2016. Swiss Re is based out of Zurich, Switzerland, and generated $43.3M in revenue in 2019 with 13,189 worldwide employees.
As a reinsurer, Swiss Re manages vast amounts of data. But the company was not able to gain a true 360° view into core data entities. So Swiss Re leveraged the Denodo Platform.
The Denodo Platform uses data virtualization to combine data from a variety of Swiss Re data sources in real time. It established a unified data services layer based on OData standards and served the combined data to a variety of consuming applications, including web based portals and BI tools.
The Denodo Platform provides the critical 360° view that Swiss Re needed to provide to its underwriters, claims managers, business actuaries and other stakeholders, to improve and accelerate decision making. In addition to traditional data sources, it can also capture real-time data from transactional systems, external services like newsfeeds, and data for smart analytics.