Anything you can do, you can do better.
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Well supported. Anytime.
Our tool for reporting under Solvency II, QRT-Tool, comes with all the service and support you need. And with tight deadlines it is ever-so important to get the right advice to solve issues with your reporting to the financial supervisors. We provide our support via phone, email or with online meetings and we are even often available at hours you had never expected.
Amazing integration possibilities
DataCollector
You can seamlessly pull in data from several sources. Some of your data may be stored in databases, Excel files, CSV-files, or other formats. Multiple sources can go into multiple templates, and you can define relevant transformations to be used quarter after quarter, year after year. Our reporting tool, QRT-Tool, enables you to build a full automated integration for all reporting packages.
Created to improve your asset data
Asset SmartData
You can use the embedded asset data in our QRT-Tool. More than 13 million securities traded in European and British stock exchanges are available. Also, information from the Global Legal Entity Identifier Foundation is made available, so you can get information about ultimate parent, LEI-codes etc. We have organised the repository by ISIN code, so you can improve and streamline your reporting easily, automatically, and with blazing-fast performance.
Preparation makes the difference
ReservingTool Importer
If you are subscribing to our tool for calculating technical reserves, ReservingTool, lots of pre-populated templates are already available. You can import them directly to your financial reporting package for the quarter or the year. The preparation is easily done with ReservingTool, and it produces ultraportable results for SCR-calculations and QRT-reporting.
Powerful for groups. Powerful for consultants.
Multi-entity Handling
Groups can define all their legal entities under their reporting tool account. You can easily produce reporting for all entities, and they will be naturally organised. If you prefer separated accounts with separated data as well for each legal entity, we provide easy access. One username – multiple access. You simply choose what entity you work with at logon. QRT-Tool makes it easy to work as a consultant for multiple insurance companies.
Lightning-fast. All you need.
Currency conversion
QRT-Tool offers a rapid and smooth currency conversion of the entire reporting package. Captives may wish to produce their reporting packages in the same currency as their financial statements. Nonetheless, Financial Authorities may require other reporting currencies for solvency II submission. QRT-Tool offers a lightning-fast conversion with automatic look-up at ECB for the conversion rate as at the reference date of the package.
National specific validations included
XBRL Engine
QRT-Tool provides you with a powerful XBRL Engine, that validates the same way as your local financial supervisory authority. We have provided extra country-specific validations for several European countries. QRT-Tool is backward compatible, and you can easily resubmit for previous taxonomies. As a preparation for the upcoming new reporting format, we provide an early version of next year’s taxonomy. So, you can validate the latest reporting package under the future regime.
More advantages
QRT-Tool is a certified ISAE 3000 software solution. The software has been audited by PwC and Deloitte. Penetration tests have been performed by NCC Group to ensure and validate the security. QRT-Tool also comes with a planning tool, where deadlines for each template can be defined. When a template is finished by the responsible person, it can be locked and sent for review to another person – 4 eye’s principle.
Switching to QRT-Tool
You can easily switch to QRT-Tool. We provide you with a free and non-committal account in the full test and transition period. Assistance with the transition period is available and we are ready to give you a hand with the integration to some of your internal sources.
