The influence of legal regulations on cost structures and transparency is constantly increasing in the insurance sector. Additionally the field of competitors extends not only from a geographical point of view among traditional insurance companies but also to other institutions like mutual fund companies or private wealth managers.
This increases the necessity to manage and monitor the assets in a reliable and cost efficient way. In detail, here we can support you in the following areas:
Accounting
- Accounting rules according to HGB and IFRS
- Postings to G/L systems like SAP
- End-of-Year and End-of-Period processing
- Decomposition of funds
Workflow
- STP processing of transactions
- Pre trade compliance
- Automated quality Checks using auxiliary jobs
Compliance
- Legal rules according to BaFin's AnlageVerordnung
- Configuration of individual internal constraints
- VaR measurement
Reporting
- IFRS reporting
- Design of individual client or internal reports