LUCCA, Italy, March 12, 2015 /PRNewswire/ --
Company to share strategies with insurers and reinsurers to address January 2016 deadline for Solvency II compliance reporting requirements
Tagetik, a visionary leader in global performance management software solutions, today announced its "Solvency II European Roadshow," which will visit the UK, Netherlands, France, Sweden and Spain during March and April. The event series, specifically targeted toward insurance and reinsurance professionals that need to prepare for the January 2016 deadline, is organized in collaboration with Tagetik's partners and customers, including Accenture, Dina Försäkringar, E&Y, FCG - Financial Compliance Group, PwC, Sofia and TVM Verzekeringen. Dates and locations include:
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During the events, Tagetik will be demonstrating its pre-packaged Solvency II application that ensures compliance with both current and future European Insurance and Occupational Pensions Authority (EIOPA) requirements.
"Today, more than 40 insurance companies spanning many European countries rely on Tagetik to automate Solvency II compliance reporting," said Sabrina Rosati, executive vice president and head of professional services, Tagetik. "This roadshow is intended for attendees to learn best practices and share experiences to address preparedness across all three pillars of Solvency II. Automating these requirements in 2015 is a top priority for insurance and reinsurance companies, but a 'quick-fix' approach will result in cost and risk that can easily be avoided with proper planning. At Tagetik, we are approaching Solvency II compliance as a strategic opportunity as well as an integral part of a company's overall financial reporting and disclosure processes, not simply a compliance burden."
"The Tagetik pre-packaged solution for Solvency II helped us create one main source for reporting," added Martin Hemmen, Finance & Solvency II project manager, Stichting Menzis Beheer. "We now control and manage the full process of (non-) financial and consolidated data from local GAAP to additional Solvency II guidelines in a way that is consistent with our goals and achievements."
About Tagetik
At Tagetik our mission is understanding the complex challenges that face The Office of Finance and translating that knowledge into intuitive, enterprise-scale performance management software solutions that drive business results. With Tagetik Cloud, or on-premise, you can unify financial and operational planning; shorten your consolidation and close process; immediately analyze results, model and compare full financial statement impact of business scenarios; adjust your strategic plan; seamlessly update rolling forecasts; produce formatted and auditable financial statements and management reports; collaborate on business reviews, and automate disclosure and board reporting. We've built-in the financial intelligence so you can orchestrate some or all of this in one place. Find out why more than 750 customers in more than 35 countries count on Tagetik to improve efficiency, reduce risk, save money and delivers results, visit http://www.tagetik.com. We get Finance. You get results.
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Media Contacts:
Joanna Hardy +1-646-202-9755
Horn Group for Tagetik
tagetikteam@horngroup.com
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