VIG’s long-term business strategy in Central and Eastern Europe is to offer individual products and services that meet the specific needs of customers in very different markets. According to Dehner, just looking at the various supervisory requirements requires integrating very different data structures.
He explained that it's very challenging to have the right IT infrastructure to support the evolving business models while integrating generic data with all the data generated in the different markets. “Connecting all that to flexible services is the big challenge,” he said.These tools provide the systems and processes the company needs to comply with regulations.
“High-performing finance requires granular, accurate, and timely finance data,” said Dehner. “These tools enable us to not only keep up, but to have clean data as our single source of truth. They simplify the architecture, basically putting us in control. We have a single hub connecting our operational and financial data, where we can embrace new business models and comply with regulations.”
This far-sighted approach to technology, along with its commitment to sustainability and long legacy of diversity are what differentiates VIG from competitors in the market – and what will keep it in the pole position for decades to come.
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