Monthly Securities Reporting
The DNB introduced a new report: the Monthly Securities Reporting ('EIA').
In terms of content, MER differs from the current DRA, about which DNB communicates in more detail (on the DNB website). However, the EIA is also technically different from the current DRA. DNB has opted for the delivery of the EIA on the basis of the XBRL format; in line with other reports already submitted in XBRL.
SecondFloor by cleversoft supports many insurers and pension funds in converting data to XBRL reports; and now also supports the EIA reporting. This includes the different profiles as determined by DNB: MSR-HOLD (Holdings), MSR-SHSI (Securities holdings and securities issued), MSR-CUST (Custodians) and MSR-SV (Securitization Vehicles). As well as the validation rules (value assertions) are included in our software, in order to report successfully to DNB more easily and quickly. We would like to invite you to try the MER report for free for one month.
After the trial month, we will contact you to discuss whether you want to keep the EIA report. If you want to know more, please feel free to contact us or fill in the form.
The service is always up-to-date with the latest taxonomy version.
Quantitative reporting in Excel and XBRL for multiple reporting entities.
Validation of all data points with full explanation (as applicable).
Cloud Hosted or OnPremise
Fully managed - in a secured data center in the EU or at your own location.
All templates supported
Support for all entry points both in Excel and XBRL.
All the flexibility you need in a 100% controlled environment.
About SecondFloor by cleversoft
SecondFloor is a market leading specialized RegTech supplier of risk and regulatory reporting solutions in over 15 countries across Europe. We have extensive experience with the implementation of EIOPA’s requirements, and with the national specific local add-ons. Our mission is to accelerate reporting with innovative and reliable solutions, that facilitate the reporting and governance processes of our customers. In complex regulated environments – with new requirements, more reporting and shorter timelines – our clients feel confident with controlled and audited processes that produce the required reports on time. SecondFloor offers scalable solutions that fit any size of company in the highly regulated financial sector. Request a demo to see for yourself how you can benefit.
Fully compliant with regulatory requirements
This service is subscription based and fully managed by SecondFloor. The service is available hosted in our data center, or can be installed on-premise on your IT infrastructure. We can facilitate the integration with your existing reporting templates for an easy transition.
SecondFloor manages the service including the regulatory updates, this is included in the subscription. You do not need to worry about future changes in the specifications. Our team closely follows the developments and is available to assist clients.
Effective and efficient
The service is developed based upon our long term experiences and proven to be user-friendly. For example clients appreciate the validations - as a very helpful and time-saving feature. Furthermore the solution can be customized for a smoother integration with your best-practices.
SecondFloor offers a flexible subscription for the service. A great opportunity to implement the reporting without up-front investment. Why not experience it directly with a free trial? Complete the form to request your free trial.
Short on time? We'll call you.
Our team has years of industry experience to help support you throughout the regulatory compliance software acquisition process — from A to Z.
Our services range from self-serve free trial up to solutions that require white glove service. In both cases, we begin by learning about you.
We ensure you have everything you need to get off to a great start with your compliance software and services.
Whether you've chosen SaaS self-serve, on premise, or cloud-based implementation, rest assured knowing you can start using our solutions ASAP.
Once you're up-and-running, our customer success team is here to support you every step of the way.
We work with companies of all sizes, with varying numbers of end-users. When you're ready to scale up your solution, look no further than cleversoft.
Not only does our technology have a 99.98% availability rate, but our tech team and customer success are here for you when you need us most.