Solvency II Solutions and Silverfinch have announced a service enabling integration of Solvency II Solutions' Tabular platform with Silverfinch to help asset managers and insurance companies to share their look-through data for Solvency II reporting.
According to the firm, the move will provide users with a simple end-to-end service that will take the stress out of Solvency II asset reporting requirements which will be compulsory across the EEA from the beginning of 2016.
Solvency II Solutions' Tabular platform offers the insurance and asset management community a low cost excel-based platform with enterprise-like functionality for Solvency II data integration and XBRL reporting.
Silverfinch allows asset managers to control delivery of proprietary data to clients while providing insurers with access to look-through without the cost burden.
At the end of last year Silverfinch and Fundsquare announced an alliance to promote their Solvency II look-through and data utility across Europe (see IAR, 17 November 2014, Silverfinch and Fundsquare partner for Solvency II look-through solution), and Financial Risk Solutions (FRS) announced that Silverfinch data was being integrated into its InvestGRC product (IAR, 11 November 2014, FRS's InvestGRC integrates Silverfinch data).