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19/02/15 Combining insurance and XBRL knowledge is the key to 100 success in Solvency II reporting

UBpartner EffisoftEffisoft and UBPartner have been collaborating closely since April 2013 and their combination of skills and knowledge provides the perfect platform for delivering Solvency II reports.

Adopting a new technology is never easy and always poses some unexpected challenges. Insurance companies in France recently faced such a challenge, as they implemented the new Solvency II reporting framework based upon XBRL. The issues they faced were threefold: not only was XBRL being used for the first time; but the Solvency II framework involves more extensive data to be gathered, checked and submitted; plus there were some tight implementation deadlines.

Suppliers providing insurance systems software, such as Effisoft, needed a simple and easy way of adopting the new XBRL technology and integrating it into their existing applications. UBPartner, a leading XBRL software supplier, required partners which were well versed in the insurance and business requirements of implementing the Solvency II framework, to help insurance firms understand how the benefits of the new XBRL reporting requirements could enhance the overall process.

Effisoft and UBPartner have been collaborating closely since April 2013 and their combination of skills and knowledge provides the perfect platform for delivering Solvency II reports. […]

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6.02.2015

Combining Insurance and XBRL knowledge is the key to 100% success in Solvency II reporting

Effisoft and UBPartner have been collaborating closely since April 2013 and their combination of

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25.05.2013

UBPartner & Effisoft Join to Deliver End-to-End XBRL Solution for European Insurance Solvency II Reporting

Effisoft will use UBPartner's Advanced XBRL Tools to deliver an easy-to-use, XBRL Reporting

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