Newscleversoft a leading provider of cloud-based RegTech solutions for the financial services industry, is proud to announce the launch of its latest add-on, the Audit Report.
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Munich/Amsterdam, 05/09/24 – cleversoft a leading provider of cloud-based RegTech solutions for the financial services industry, is proud to announce the launch of its latest add-on, the Audit Report. The add-on is designed to streamline Solvency II and IFRS 17 reporting processes, assisting with compliance with the European Insurance and Occupational Pensions Authority (EIOPA) guidelines on cloud outsourcing, and compliance in general.
The EIOPA guidelines, which provide comprehensive directives on governance, risk assessment, and contractual requirements for cloud outsourcing, emphasize the importance of transparency and effective risk management. More information can be found on the EIOPA website.
cleversoft’s new Audit Report addresses these critical areas, offering a robust solution for financial institutions navigating the complexities of cloud outsourcing.
Value of the Report to your organisation
Our Audit Report offers a comprehensive overview in a single document, providing a system snapshot at the time of XRBL generation and Journal Entries, and thus eliminating the need for manual data collection. With the report, you gain detailed insights into usage and approvals, existing users and roles, authorizations and support requests during the reporting period.
Click here for a sample view: IFRS17 Audit Report & Solvency II Audit Report
For more information or to place an order, please use the contact form on our website.