Looking for a Solvency II reporting solution?
The European insurance industry is undergoing a major shift in adapting to the rules of Solvency II. Pillar 3 of the Solvency II Directive imposes a heavy regulatory reporting burden and an unprecedented data challenge on these undertakings, which is why sourcing the right software solution to meet the Pillar 3 reporting obligations remains a priority.
With the ABACUS/Solvency II reporting solution, BearingPoint offers a comprehensive off-the-shelf software package designed to meet the specific needs of supervisory reporting. BearingPoint has leveraged its long-standing experience in regulatory reporting (customers representing over 1900 firms in more than 20 countries report with the products of Abacus Solution Suite) to create a solution tailored to the requirements of insurers. Reports can be generated in a simple, efficient and cost-effective manner for submission to the supervisory authorities.