Data for ERM & Solvency II 2015

Hilton Tower Bridge Hotel • 5 More London Place, Tooley Street, SE1 2BY

Lead sponsors

SunGard is one of the largest privately held IT software and services companies, with approximately 16,000 customers in more than 70 countries, and more than 13,000 employees. SunGard Financial Systems provides mission-critical software and IT services to institutions in virtually every segment of the financial services industry. SunGard provides solutions for insurers in the following major business lines: life and health, annuities and pensions, property and casualty, reinsurance and asset management.

SunGard's main solution for insurance risk management is iWorks Prophet, a leading and award-winning enterprise-wide actuarial modelling system that helps insurers meet reporting responsibilities efficiently, improve risk management decisions and develop competitive products faster. Over 9000 users across more than 730 customer sites, in more than 65 countries, rely on iWorks Prophet. www.sungard.com/insurance/risk

Co-sponsors

Arkk Solutions is a leading European iXBRL and XBRL specialist, providing software, outsourcing, training and consultancy. Our iXBRL solution is currently trusted by 30% of the FTSE 350 and several ISEQ 20 businesses.

Easy to implement, cost effective and powered by Microsoft office, our tools slot seamlessly into your current systems, We can set-up your pre-tagged document templates, eliminating the need for any specialist XBRL knowledge or software training.We support the following mandatory reporting requirements:

- XBRL Solutions for CDR IV, COREP and FINREP
- iXBRL for Irish Revenue Financial Statements
- iXBRL for UK HMRC and Companies House accounts submission.

Founded in 2001, Invoke is a premier provider of cutting-edge regulatory reporting solutions for Solvency II. Aligning extensive XBRL and domain expertise with pragmatic business functionality, Invoke offers industry-endorsed Pillar 3 solutions that are robust, flexible and user-oriented.

With offices in London, Paris and Luxembourg, Invoke is the trusted XBRL technology partner for major national supervisory bodies across Europe, as well as for multinational groups in the banking and insurance sectors, who fall under the scope of complex regulatory imperatives.

Incorporating cutting-edge data-management, collaborative workflow and XBRL features, Invoke Pillar 3 reporting solutions are already proven to be perfectly aligned with the emerging regulatory use-cases presented by Solvency II.

Muller Beukes Edvardsen (MBE) is a specialist consultancy with a reputation for insight and innovation within the financial services sector. Market-leaders in successfully delivering risk management, process improvement and technology solutions, we help our clients become more efficient, effective and profitable.

At Data for ERM & Solvency II we will be specifically highlighting and demonstrating TRANSKAP.

TRANSKAP is a robust, auditable and technically sound end-to-end Risk Management solution developed by the industry, for the industry. Encompassing a centralised data repository, with a comprehensive modelling tool and powerful dashboards, TRANSKAP replaces cumbersome and time consuming tasks and allows your team to focus on adding value. Specifically, it delivers consistent information throughout the business and enables risk identification, management and decision-making based on up to date information.

For more information contact: MBE: 01737 735563 www.mbe-intl.com

RPC Consulting are insurance industry experts with over 200 years of combined sector experience.

We specialise in risk and capital management, actuarial solutions and broader strategic and management consultancy. In parallel, our revolutionary technology transforms day to day actuarial tasks through increased speed, functionality and ease of use.

Culturally focussed on service quality and client needs, we offer technically outstanding solutions that help deliver a competitive advantage.

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to www.thomsonreuters.com

Exhibitors

DataTracks specializes in offering easy to use and cost effective solution in preparation of compliance reports to meet regulatory and statutory requirements.

With over a decade's experience in XBRL, DataTracks has established strong presence in UK, US, Ireland, India and Singapore. In Europe, DataTracks was the first vendor to be recognised for iXBRL managed tagging services by ICAEW and HMRC. Since then, DataTracks has catered to more than 1000 clients. DataTracks continues to stay at the forefront assisting enterprises meet Eurofiling requirements like FINREP/COREP, Solvency II and AIFMD.

Key features of our Solvency II solution include:

  • Easy to use through familiar spreadsheet- like interface
  • Facilitates collaborative report preparation through work flow control features including version compare, audit trail etc.
  • Saves time and effort by auto populating templates from underlying financial systems through data link
  • Option of desktop based or cloud hosted solution
  • Prompt upgrades to keep up with latest taxonomy 

For more information, visit www.datatracks.co.uk or write to us at [email protected]

Fundsquare was constituted in June 2013 and was set up by the Luxembourg Stock Exchange in order to create a unique international market infrastructure that provides services to substantially support and standardise cross-border distribution of investment funds.

The main objective of this utility is to facilitate the relationships between professional investors and funds and to allow them to meet current and future challenges of cross-border distribution. It provides a flexible and responsive infrastructure to enable operational effectiveness across the entire distribution chain. Fundsquare offers unique solutions for order routing management, information and regulatory compliance. 

Insureware provides tools and services for the management of long-tail liability risks. Its flagship innovative product ICRFS-Plus™, evolved through internal research and many years of client collaboration, is a disruptive technology that facilitates the growth of detailed, company-specific knowledge, benefits, and applications. It includes a Solvency II solution based on each company's internal risk characteristics and correlations.

www.insureware.com

Silverfinch, part of the MoneyMate Group, was born out of an initiative with Europe's fund management industry groups to help companies cope with an expected inundation of requests for information from insurers to meet their regulatory reporting requirements under the new Solvency II regulations; a key requirement of the rules due to come into effect in 2016 is for insurers to identify underlying holdings in any funds they own. In fact, Silverfinch is much more than that - it allows fund managers to seamlessly and cost-effectively service their insurance clients' needs, while also providing information to fund managers about their clients and the ways they invest in their funds. But most importantly, Silverfinch makes sure that only clients nominated by the fund managers can access sensitive information on holdings. Unlike data vendors, our fund manager partners retain full control over their information

Sopra Steria, European leader in digital transformation, provides one of the most comprehensive portfolios of end to end service offerings in the market: Consulting, Systems Integration, Software Development and Business Process Services.

We have more than 40 years' experience working in Financial Services across the top 10 European banks and leading insurance companies. Over the last 20 years in the UK, we have been working with large insurance companies on data management, analytics, and reporting. Utilising a wide range of technologies, we design and deliver full data management solutions to support the business transformation initiatives of our clients across a range of business functions including Actuarial, Finance, Risk and Retail.

Our market proven solution, SOLVARA-QRT has been built to meet the very specific quantitative and narrative reporting requirements of all insurers – from small insurance companies through to major and diversified insurance groups. Over 250 insurance companies will use SOLVARA for their Solvency II reporting.

SOLVARA was developed in cooperation with the insurance industry and is continually updated to ensure ongoing compliance with EIOPA regulations.

For more information, go to www.soprasteria.co.uk or contact us on [email protected]

 

Marketing Partners

Founded in 2005, ORIC International is the leading operational risk consortium for the (re)insurance and asset management sector globally. ORIC currently has 40 members with accelerating international growth. ORIC is a not for profit industry body dedicated to helping its members enhance the capabilities of their operational risk functions. ORIC facilitates the anonymised and confidential exchange of operational risk intelligence between member firms; providing a diverse, high quality pool of quantitative and qualitative information on relevant operational risk exposures.

As well as providing operational risk event data, ORIC also provides industry benchmarks, undertakes leading edge research, sets trusted standards for operational risk and provides a forum for members to exchange ideas and best practice. Our comprehensive offering is designed to empower risk professionals to help their business and their Board in the identification, assessment, management/measurement, monitoring and reporting of operational risk.