Thanks to automated derivation of regulatory reporting master data, FMA reporting for Austrian insurance companies becomes quick and easy
The COMPIRICUS Master Data Derivation Tool for SAP FS-SR-AT is a software solution that enables insurance companies in Austria to automatically generate and check their securities reporting indicators.
As a user of the add-on, you benefit threefold:
After the implementation of the COMPIRICUS Master Data Derivation Tool for SAP FS-SR-AT, the automatic derivation or preassignment of the regulatory reporting indicators is performed within the following processes:
Automatic creation of the stock indicators:
If the position indicator is created automatically in the course of creating a financial transaction, the reporting master data is derived automatically.
Manual creation of the inventory code:
If the position indicator is created automatically in the course of creating a financial transaction or security (securities account position indicator), the regulatory reporting master data is derived and created automatically on the basis of the set of rules, whereby the target fields of the regulatory reporting master data can be defined and configured on a customer-specific basis.
Manual creation of regulatory reporting master data via transaction ISSR_TA_ADMIN:
The reporting master data is preset based on the derivation and can be changed if necessary.
With the help of COMPIRICUS derivation rules and regulations, reporting master data can be derived fully automatically. This reduces both the manual effort and the susceptibility to errors when maintaining your data; you can be sure of consistent data. At the same time, you can look forward to a gain in valuable working time, because the COMPIRICUS master data derivation tool relieves you of tedious maintenance work.