BNY Mellon has introduced a Solvency II asset data reporting and governance solution. The service, built around Eagle Investment System’s data management platform Eagle PACE, offers Pillar 3 Quantitative Reporting Templates (QRT) reporting. It also supports insurance companies as they negotiate the data governance and data quality hurdles imposed by the new regulations.
The service gathers and validates the data from the insurer and the insurer’s partners using industry standard templates and data enhancement through BNY Mellon’s own vendor feeds and the insurer’s own management information. The service also meets the key client needs around Solvency II asset data requirements of data consolidation and reporting.
Click here for the release from PR Newswire.