Prima Solutions launches Prima Compliance 9.2, its scalable and user-friendly cloud platform for Solvency 2 reporting
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
Paris, February 18, 2021 – Prima Solutions, the leading French insurtech group for insurance and reinsurance professionals, announces the launch of version 9.2 of Prima Compliance Reporting, its Solvency 2 regulatory compliance solution.
This new 100% cloud-based version features an intuitive, user-friendly interface that streamlines the entire Solvency 2 reporting process and automates technological and regulatory updates. The application also comes with new functionalities, including improved internal reporting with more flexible working environments tailored to internal needs and a new option for directly entering status updates.
“Prima Solutions has been embracing the cloud since 2018, and we’re proud to offer all of our cloud solutions, including Prima Compliance,” explains Julien Victor, CEO of Prima Solutions. “Today, with this cloud version, Prima Compliance gives our customers seamless and ongoing access to new features in their application, as well as regulatory changes.Less than a year after the launch of Prima Compliance in cloud, we are seeing its success with our customer base: almost 1/4 of our customers have already adopted Prima Compliance V9, such as OCIRP, S2C and MF Précaution.”
A user-friendly application available in the cloud since the release of version 9
Unveiled at the Users’ Group event in November 2020, the application’s intuitive interface is now a mainstay of Prima Compliance, and the look and feel has been redesigned for consistency with all solutions offered by Prima Solutions. The intuitiveness of the new version optimizes the user experience with fewer navigation steps and faster response times throughout the entire reporting process, and in particular for XBRL exports to ACPR.
Also, hosting Prima Compliance in the cloud ensures data and operational security, as well as easy functional and regulatory updates. When it comes to Solvency 2 compliance, automating application updates is all the more crucial as regulatory changes happen frequently, with a trend toward more complicated constraints and even more changes. Prima Compliance users have the peace of mind of always having an application that meets regulatory requirements.
Improved internal reporting with greater flexibility
This new version offers additional options for making changes to reports generated for internal purposes, over and above regulatory needs. Users can customize their working environment by selecting only the information needed internally, which is simpler and saves time on each operation.
In addition to this improvement, the interface’s intuitive navigation now lets users perform their own configurations by creating groups for their internal needs, providing better visibility over their reporting.
Flexible data processing
Version 9.2 of Prima Compliance allows data to be adjusted with a new option for inputting status updates directly to correct and/or supplement previously added data. Users can now refine their data to suit their specific needs, throughout the reporting process.
Finally, improvements to the application’s calculation modules allow users to adjust the granularity of their data as needed for regulatory purposes. This finer level of data processing makes it possible to optimize the application’s calculations.