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I'm Nathalie Cremades and I am in charge of the consolidation of EuropeAssistance, which is a group within Generali

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and I am the consolidation manager of the group. We were using another tool, HFM, but we decided to move

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to a new tool to gain a better communication within the group and also to use the same system as the group was using.

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The main challenges are about the scope, because we have a lot of new entities ... we're selling entities, we're buying new entities ... so it's one of the

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main challenge, the other one is that we are within an insurance group, Generali, and there is a lot of new requirements,

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there is a lot of statutory and regulatory changes, so we have to adapt each quarter to the new requirements.

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We are using CCH Tagetik for the statutory consolidation, performing two consolidation processes, one for the Generali group

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and one for our own group, EuropeAssistance. We are using CCH Tagetik for the financial statement production

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and also as a reporting tool for all the requirements for Solvency II.

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MeltOne helped us on the project implementation and they have been working really closely with our

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team in EuropeAssistance to build our own CCH Tagetik environment.

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The project was a large CCH Tagetik system implementation in the Generali group which followed a multi-phased approach. My role was:

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first to ensure the correct delivery of the project and then to guarantee the compliance with the group in terms of customizing.

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Generali group did the choice of CCH Tagetik for all the CPM activities, so it means for consolidation, budgeting and reporting.

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Generali decided to have a global application at the corporate level 

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and to let also the subsidiaries to have their own consolidation application, so it means that we have consistency between the

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group application for consolidation and the local application of the subsidiaries. When Generali did the choice of CCH Tagetik...

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at the end also subsidiaries decided to go for CCH Tagetik, so we start the project with Generali France and EuropAssistance.

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When you implement a new tool it's a good opportunity to improve your consolidation process, so for sure the implementation of CCH Tagetik

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has helped us to go faster, to deliver better quality, to comply with all the requirements from insurance. My CFO is really happy

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because we deliver on time our consolidation. We succeeded in involving a wide range of users, key users, end users, from many different countries.

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CCH Tagetik in this project is a powerful, unified and modern tool that covers consolation, budgeting, forecasting and reporting activities for the EuropAssistance group.