COMPIRICUS Funds Order Management Solution
for SAP

SAP TRM Add-on for Insurance – Trade and manage Unit Linked Portfolios (FLV/FRV) automatically.

How to automate your unit linked portfolio management comprehensively

How to automate your unit linked portfolio management comprehensively

As the person responsible for order management in your insurance company, would you like to be able to trade and manage the units of your unit-linked products (FLV/FRV) in SAP TRM in a way that conserves resources? Do you want to replace manual work with an automated process, not least because of the high error sensitivity, but above all because of the avoidable effort? Take a look at our COMFORMS; maybe it is the solution you are looking for.

Saving resources

Be sure you use your resources wisely. Because…

Cost reducing

Changing custodian banks should involve as little effort as possible…

Audit-proof

In an era of ever-increasing security and auditing requirements…

Powerful range of functions

COMFORMS allows you to intelligently manage your Unit Linked Portfolio (FLV/FRV) building on SAP TRM functionalities while reducing costs. COMFORMS starts directly after the creation of the target stock file from the inventory system. With our solution, you can build the target stock file according to your requirements. This can be imported in the next step. We would recommend you to use FTP exchange for the transfer of the files. The file is stored in the SAP directory and can then be imported into our add-on.

High degree of automation

Within the tool, you have the possibility to adjust the buffer design individually to your needs before executing the order. To keep the effort as low as possible, the counterparty conditions are automatically imported to COMFORMS and used. This way, you don’t have to worry about forward pricing or payment dates. Cut off times are also automatically taken into account by COMFORMS during order management. The whole thing is rounded off by automated processing of subsequent trades, where you can, for example, adjust the rate from the trade.

At a glance – Worth knowing

COMFORMS is a SAP Treasury and Risk Management (TRM) solution that allows you to trade and manage your unit linked portfolios (FLV/FRV) in an automated way.

The SAP TRM add-on for insurance enables you to integrate your order process into the SAP-TRM standard. That means effectively automating such actions as:

  • importing master data and target positions,
  • separating between investment stock and disposition stock,
  • processing and monitoring buffer values,
  • transaction generation for purchases/sales as well as transfers in SAP TRM.

The solution is mostly interesting for insurance companies that have fund-linked insurance policies in their portfolio.

Consideration of buffer values

Automatic calculation of buffer values by an individually determined formula e.g. based on target inventory minus actual inventory.

Flexible connection between trading partners

Automated information exchange with trading partners via the respective communication channel (fax, email, SWIFT format).

The required transfers are automated

An additional function is the separation between the insurer’s fund balance and that of the customer (policyholder), with automated transfers between various accounts.

Importing data made easy

It is also possible to import fund unit target data from an external system or data supplier for further use in the order process.

Order documentation

The COMIRICUS solution is able to trace all data from the order process ex-post: You obtain transparency over who entered an order or account transfer, when and for what volume or amount.

Automated comparison of target vs. actual

The COMPIRICUS Funds Order Management Solution automatically carries out a target vs. actual comparison of your fund portfolio. Depending on the outcome, the requisite buy/sell orders and transfers are calculated for the fund positions and executed through corresponding transactions. This automation feature provides you and your staff the freedom to concentrate on your core business.

Automated correspondence feature

In addition, the add-on automatically generates the relevant correspondence based on the securities transactions executed. Where feasible, direct communication lines can be established with custody banks, central trading partners and asset management companies, saving you additional time and effort.

Basically, there are no prerequisites for using COMFORMS. It can be used under both R3 andS/4. However, we recommend that you activate the new correspondence monitor, as this is the only way to enable the use of SWIFT formats.

COMFORMS is currently only offered on premise. If you are interested in a cloud solution, please let us know and together we can see if we can find a suitable solution for you.

Please contact us for more information:

Phone:

For USA + ROW call:
+1 714 614 3399

For DE + EU call:
+49 211 64949-301

sales@compiricus.com

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Jaroslav Maljar | Manager
Jaroslav Maljar | Manager+1 617-895-7977