Intelligent data management for insurances with SAP TRM and CML
The introduction of Solvency II has greatly increased reporting requirements in capital investment management for insurances. Whether this involves deliveries within the framework of the ORSA process of the Pillar II to your internal risk management or the direct Quantitative Reporting Templates (QRTs) which have to be reported directly to the BaFIN (German Federal Financial Authority) – your system for managing capital investments has to process a vast amount of additional information.
Your Goals
Representation of the EIOPA requirements
Would you like to make sure that the Solvency II Directives, particularly the ever changing and ever increasing specifications, are met so that you can focus on your core business again?
User friendly – a familiar “look and feel”
Do you already use the SAP system successfully to maintain and monitor your master data and don’t want to leave your familiar system environment?
Central master data management
Are your assets kept in different systems and you would like a central and consistent solution for master data required by Solvency II?
Efficient data management
Are you looking for a fast and efficient solution that can offer you more than manual data collection?
Our Solution
Integrated into SAP TRM
We provide a powerful and convenient facility to complement your SAP TRM system with Solvency II reporting. The master data for your assets, which is required for reports, can be maintained and managed in your usual environment in SAP TRM.
Integration tool included
Our solution supports both the manual collection of master data and a completely automated integration for mass data collection.
Interfaces to master data suppliers
Our add-on also includes the automatic transfer of master data from Bloomberg™ and Reuters™ market information systems into your SAP system.
Our Financial Adapter™, which has been proven worldwide, enables a fully automated import of Solvency II master data.
The advantage of experience
Take advantage of our know-how! As a SAP SE development partner for insurance supervision statutory reporting of assets we have in-depth knowledge in providing the necessary data and in the required interfaces.
As a result, our team has already implemented numerous reporting solutions for prominent insurance companies both in Europe and overseas.
