Regulatory compliance in insurance
Overview
ATOME: Particles is an intuitive, easy to use software designed to create, validate and export financial report to Excel and XBRL formats. Platform supports multiple reporting frameworks and ensures an efficient realization of financial regulators requirements. Multiple users can work on the same filling simultaneously on different workstations. Particles adds additional layer of quality assurance to ensure compliance of regulatory reports.
Use Cases
Regulatory compliance in banking
Supported
Frameworks
- EIOPA Solvency II
- EIOPA IORP II
- Bank of England PRA - NST
- Central Bank of Ireland Solvency II NST
- EBA CRD IV
- SRB Resolution Reporting
DATA VALIDATION
Perform reliable evaluation of validation rules and reduce manual corrections.
MULTIPLE FRAMEWORKS SUPPORT
Manage different taxonomies using one tool.
IMPORT AND EXPORT
Support multiple formats such as XBRL, CSV, Technical and Visual spreadsheets.
INTUITIVE INTERFACE
Compare and edit data in views resembling reporting templates published by supervisors.
DESKTOP APPLICATION
Keep your reports secure: all data resides in your environment.
SHORT TIME-TO-MARKET
Prepare for reporting in advance with new requirements available in a few days only.
Cost-effective
The solution helps reduce costs of reporting according to multiple regulatory frameworks. It supports regulatory compliance and reduces risk of fines.
Extra layer of assurance
The software serves as an additional layer of assurance. Users can generate or edit XBRL files prepared with another software and validate them before submitting to the regulator.
BR-AG's experience
Our team has worked with key international and multiple national financial regulators and institutions on development of policy-driven, technolgically-agile robust data ecosystems. BR-AG is a co-author of the Data Point Model methodology used by EIOPA and is contracted by EIOPA and several national regulators for development of Solvency II DPM XBRL Taxonomies or their national specific extensions.