Tools and Services
ABACUS/Solvency II covers the complete workflow from data import, to validation, sign-off process and transfer of Quantitative and Qualitative Reports in XBRL format. The product is based on BearingPoint‘s proven Abacus platform which is widely used by companies across Europe to meet their reporting requirements under Basel III, EMIR and other directives. BearingPoint works closely with insurers and regulators as part of its continuous development of Abacus, helping it stay at the forefront in reporting system technology and expertise.
- XBRL Collaboration Tools
- XBRL Processors/Software Libraries
With its RegTech product line, BearingPoint is a leading international provider of innovative regulatory and risk technology solutions (RegTech and RiskTech) and services across the entire Regulatory Value Chain for Financial Services.
Customers representing 5,000 firms worldwide, among them large international banks, a major part of the largest European banks, leading insurance companies as well as supervisory authorities and central banks, trust BearingPoint’s RegTech products and services.
We work closely with regulators and as a member of standardization bodies like XBRL consortium, we actively contribute to the process of standard setting. We combine our regulatory expertise with our proven, reliable and future-oriented RegTech solution suite, expert consulting capabilities as well as training seminars and managed services.
Our products, built with over 20 years of experience in regulatory and tax reporting, help firms around the world to streamline processes and maximize efficiency and transparency in data collection, reporting, management and analytics.
Our RegTech solutions:
• Abacus Solution Suite: Regulatory management, analytics and reporting
• FiRE: Regulatory reporting for Switzerland, Liechtenstein and Bahamas
• FiTAX: Tax authorities reporting for QI/EUSD/FATCA/UK-FATCA and CRS
• EasyTax: Country specific client tax reporting