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

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

Video

Experience the versatile possibilities of zeb.control live!

The following product video gives you an overview of the software's extensive functions across all three pillars and shows you examples of how to access the multi-layered overviews and calculations.

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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