In Search of the Ideal Solvency II Solution
Citisoft's Steve Young points out continued issues for compliance with regulation following its effective date
As far as Solvency II is concerned, perhaps the greatest challenge for asset management firms remains that of enabling their insurer clients to have access to the necessary look-through data for their holdings. Asset managers face the prospect of huge volumes of requests for very granular look-through data, all subject to very short deadlines.
This is where the real complexity associated with the regulation lies: Who pays for this service? And how to guarantee that insurers can access this data
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