SAP S/4HANA for Financial Products Subledger (FPSL) eases the accounting and risk management of high volume financial and insurance data. Banks, insurance and reinsurance companies can apply and flexibly configure provided standardized processes.
COMPIRICUS‘ FPSL Regulatory Reporting Package is installed as an add-on to FPSL that generates the schedules and exhibits for regulatory agencies based on accounting and risk-based information within the FPSL. Because of the Package’s design, no additional interfaces to FPSL are required. Reporting data can be directly processed via prepared views. Country-specific FPSL business content and enhancements are offered by COMPIRICUS; we also take care of the implementation and activation.
In the US the National Association of Insurance Commissioners (NAIC) is the standard setting and regulatory support organization for the insurance industry. COMPIRICUS offers with its NAIC Reporting a seamless FPSL Integration for investment and liability reporting. The software generates the reporting in the NAIC specified format and offers multiple interfaces, most importantly to the NAIC approved statement software packages.
Licensing, maintenance and enhancements for regulatory changes
Professional services from the requirement specification, implementation and go-live; project management and test support as well as ongoing operational support
Legacy data migration and test automation
Customer individual report creation
Implementation of customized reporting
Data modelling and mapping from external data sources
Operational support for the periodic reporting
COMPIRICUS offers extensive regulatory reporting experience, especially for US, Italy and Germany based on a cooperation agreement with SAP SE. Our professional team supports your implementation of the SAP FPSL based statutory reporting.
Since 2013, I have been in charge of product development at COMPIRICUS. My professional focus is on regulatory reporting for insurance companies in Germany and the USA. This includes conception, design as well as implementation of regulatory reporting and interfaces. I have many years of experience in software development, human resources and organizational development.
After studying business informatics at the Technical University of Ilmenau, I started my professional career in 2005 at Fact Unternehmensberatung. In 2009 I changed to COMPIRCUS.