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The challenge

After 20 years of use, SOKA-BAU's inventory management was no longer suitable: It required too much memory and had no automation options. In addition, SOKA-BAU's operational risks increased. In short, there were easily enough reasons to think about migrating to a more state-of-the-art, up-to-date and future-proof architecture.

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The Solution

Through the use of MIGSuite, SOKA-BAU can migrate its inventory in a timely and legally compliant manner. Furthermore, thanks to the automation options in the new inventory system, it can process work steps in the dark that had previously been done manually. This offers a lot more flexibility and a measurable increase in efficiency.

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The Result

By replacing the legacy system and using MIGSuite to migrate to in|sure PSLife, SOKA-BAU has laid the foundations for a future-proof architecture and application layer. The successful and on-schedule migration of the policy portfolio was an essential building block for the project's overall success.

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"By using MIGSuite, the overall migration process could be secured and repeatable at any time - a key requirement for our auditor. On the other hand, the migration's mathematical correctness could also be thoroughly verified for each individual contract."

Dr. Miriam Kreth - SOKA-BAU Actuary Department

Here you can download the complete case study as a PDF.

In the downloadable document, you will find SOKA-BAU's complete case study along with challenges, solutions, project progress and results: "SOKA-BAU uses MIGSuite to migrate its policy portfolio to in|sure PSLife."

About the client SOKA-BAU

SOKA-BAU (the Occupational Pension Fund for the German Construction Industry) is the umbrella brand for the ULAK (the Leave and Wage Equalization Fund of the German Construction Industry) and the ZVK (the Supplementary Pension Fund for Construction Trade Employees). With more than 1,000 employees, SOKA-BAU ensures vacation benefits, a company pension scheme and promotes training for all employees and companies in the construction industry.

For more information, visit: www.soka-bau.de.

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