
Solvency II solution
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
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
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
Overview
AxiomSL, the global leader in capital adequacy calculation, regulatory reporting solutions and risk management for over 20 years, provides a comprehensive data management framework, which delivers flexibility and scalability in merging clients’ data models while delivering data transformation, calculation and reporting processes with transparency. The fully integrated platform allows for consolidation of disparate data sources, automation of controls and standardization of processes, which provides strategic insights to financial institutions for enhancing business decisions and ensure a higher standard of integrity.
Quickly implemented and tailored to suit clients business operating models to meet tight submission timelines, AxiomSL’s solution delivers transparent and efficient management of data sources, enterprise data models, business rules and logic, calculations, workflows, reports and submissions. With new regulations ahead, insurers will need to review and validate their data integrity, GAAP or IFRS balance sheet figures, and risk exposure calculation results for submission to regulators. Larger insurance firm with entities in different countries will be required to report to multiple regulators and those firms with syndicates in the Lloyds market will be required to report in Lloyd’s specific Solvency II report formats.
AxiomSL’s modules deliver data quality, standard SII calculations, and SII reporting (for all EIOPA regulated NCAs and the Lloyds market). AxiomSL’s integrated regulatory platform interfaces with insurers existing data structure without any data conversion and enables clients to enhance compliance reporting efficiency, improve the monitoring of processes, collect consistent & harmonized data and achieve economies of scale in addressing both internal and external requirements. Further, AxiomSL’s solution seamlessly embeds XBRL application to meet the required mandates.
Insurers will face a plethora of regulations between now and 2015 and to control regulatory compliance costs, a holistic data driven transparent regulatory solution is the answer. AxiomSL’s robust technology solution provides a platform meeting SII reporting and evolving regulatory reforms like European Market Infrastructure Reporting, Market Consistent Embedded Value (MCEV) and International Financial Reporting Standards (IFRS) Phase II. It is essential that insurance companies stop addressing these initiatives with point solutions as it results in a waste of time, money and resources.
Key Features
- Single platform which centralizes all information, eliminates manual workarounds, redundant activities and reduces operational costs
- Open and transparent platform which allows for simplified & standardized processes with a complete audit trail
- Data-driven platform that covers all jurisdictions and multiple regulatory mandates not just Solvency II
- Fully functional reporting solution providing fully customizable flash, management and adhoc reporting
- Fully integrated solution from data sourcing to final reports including XBRL submission
- Flexible web-dashboard which allows senior management quick insight for key deliverables, dates and information as a valuable input in major business decisions
- Dynamic data warehouse ensures support for assets and liabilities from any source and any client data structure
- Support for all EIOPA regulated NCAs as well as Lloyds market ensures truly global reporting platform meeting local needs
- Robust data quality visual business rules ensures business and IT higher confidence in data reported throughout the process
- Full set of standard Solvency II calculations to accommodate non-internal model firms or products that don’t fit in approved internal model structures
- Extensive experience in reporting; currently supporting over one thousand regulatory reports and tax returns across multiple jurisdictions and regulators on a single platform
Key Benefits
- Ensure complete transparency, traceability with an audit trail and interface with clients’ systems and workflows without any data conversion
- Aggregate, map and consolidate data to meet reporting accuracy requirements and validation process
- Streamline and automate reporting processes
- Meet transparency reporting requirements across multiple regulators and jurisdictions on one platform
- Adapt quickly to internal data adjustments and evolving regulatory requirements
- Consolidate information from disparate data sources and multiple location