Case study

Allianz Asset Management

Delivering communications in a post-merger environment

Allianz Asset Management (AAM) is one of the largest investment management companies in the world. As part of its aggressive growth strategy, AAM took ownership of San Diego-based Nicholas Applegate and Germany’s Dresdner Bank, including its asset management arm RCM. This created an organization headquartered in Munich with over thirty offices in eight countries, each operating with varying degrees of autonomy.

Integrating the organization from these disparate locations presented challenges to management - travel alone cost upward of $4 million annually. Further, the group had no single method of standard communication. AAM recognized the need for a high quality standardized videoconference solution with facilities in each office.

AAM commissioned PA to define, procure and deploy a standard global solution including the operational structure to underpin the solution. Developing the first integration initiative, PA built the consensus among executives from all areas of the new organization that was critical to the project’s success.