AutoRek offers a range of data management solutions that allow insurance firms to complete their financial, operational and risk control, and reporting regimes.
The use of AutoRek's product(s) within Insurance very much depends on the gaps in any client's current systems landscape and control regime. Agile to ever-changing regulatory requirements and increased financial controls scrutiny, our suite of solutions work with your existing systems to automate and complete your firm's control regime. The AutoRek products deliver:
- Reconciliation- Performs any type of reconciliation automatically.
- Financial close management/ SOx compliance- Controls and records the ownership, reconciliation or substantiation, and the sign off and attestation of the trial balance accounts across the companies in your firms group
- Client money compliance CASS 5-Automatically delivers CASS compliance working with your existing systems
- Regulatory reporting- Gathers the data and prepares the internal and external reporting to help firms comply with global regulatory reporting and governance requirements, including Solvency II
We strongly believe the functionality and capability of the AutoRek suite of products can enable your firm to not only perfect financial and operational controls, but act as a point of differentiation which contributes to your organisation's strategic objectives. From the London Market to leading health and life insurers, our suite of solutions has been implemented across the insurance industry on a variety of projects with the aim of ensuring this is the case.
Read our Insurance Brochure
For more information, download our Insurance Brochure: AutoRek for Insurance - Financial and Operational Control and Governance