Solvency II - Pillar III

Challenges

Fast and economical reporting processes require high-quality software support

The third Solvency II Pillar regulates reporting obligations to supervisory authorities and to the public. The high reporting frequencies pose a significant challenge for financial institutions. Software that is not user-friendly leads to disproportionately long reporting times. The software must be able to guarantee the timely implementation of the taxonomy as well as an audit-proof reporting process.

Solutions

You are securely and efficiently equipped with the zeb.control software solution

  • Integration and representation of the entire QRT set according to the current EIOPA taxonomy
  • Creation of complete and valid XBRL instances for quantitative reporting
  • Integrated SFCR reporting (SFCR-QRTs)
  • Manual correction function for QRTs for necessary changes shortly before the notification date
  • Validate XBRL instances and output the errors identified based on the EIOPA validation rules in a clear and well-structured validation protocol
  • Data interface with easy-to-use input formats with a standardized QRT template structure and business templates
  • Regular updates of the taxonomy used

Experience zeb.control live in our product video!

Related solutions: Solvency II - Pillar I, Solvency II - Pillar II and IORP Reporting

Benefits

  • Reporting requirements are implemented quickly, reliably and cost-effectively
  • Taxonomy always up-to-date
  • Audit-proof and comprehensive reporting process for easy-to-use reporting
  • Highest efficiency through workflow-based processing support
  • Access to the knowledge of the leading provider of solvency solutions in Europe

References

Excerpt of our customers

Contact

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