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What is Vermeg AGILE?

AGILE is recognized as VERMEG's distinguished modular platform specifically designed for regulatory reporting, adeptly meeting both the technical and business needs of users. It offers flexible deployment options, including on-premise setups and Software as a Service (SaaS), allowing seamless access from any location at any time. The platform is engineered to ensure continuous compliance by integrating the most recent regulatory updates, calculations, templates, and validations, thereby helping users stay aligned with current standards. With its scalable automation features, AGILE evolves alongside a business’s changing requirements, providing cost efficiency throughout every stage of development. Furthermore, it enhances governance with customizable workflows, alongside specific tolerance, variance, and movement reports. The platform supports a wide range of reporting types, such as prudential, statistical, granular, national, and disclosure reports, as well as tools for creating ad-hoc reports tailored to individual needs. In addition, AGILE incorporates a robust selection of calculation modules that cover capital adequacy, credit risk, market risk, liquidity, and numerous other aspects of financial reporting, equipping organizations to meet various regulatory challenges effectively. This extensive combination of capabilities positions AGILE as an essential asset for financial institutions striving to successfully maneuver through the intricate regulatory compliance environment. By leveraging AGILE, organizations can not only ensure compliance but also enhance their operational efficiencies and strategic decision-making processes.

What is Tabular?

Tabular is a specialized software solution aimed at streamlining regulatory reporting for insurers and financial institutions. It effectively manages the preparation, verification, and submission of regulatory filings in XBRL format, addressing requirements for Solvency II, Solvency UK QRTs, the DORA Register of Information, FICOD, and the recently introduced Insurance Recovery and Resolution Directive (IRRD). The software includes built-in validation processes that comply with the official regulations established by EIOPA and the Bank of England before submission, which ensures adherence to the most current standards. Moreover, Tabular is designed to keep pace with the latest taxonomy releases, helping clients remain compliant in a dynamic regulatory environment. The tool features an SNCU Calculator that assesses the nine Small and Non-Complex Undertaking criteria under the revised Solvency II Directive, utilizing data from QRTs and providing a supervisor-ready evidence package. Clients also have access to dedicated expertise from a team specifically focused on insurance regulatory reporting, guaranteeing top-tier support. This comprehensive strategy not only simplifies the reporting process but also significantly improves the compliance experience for insurers, ultimately leading to greater operational efficiency. With such extensive capabilities, Tabular stands out as an indispensable asset for organizations navigating the complexities of regulatory requirements in the insurance sector.

Media

Media

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Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
On-Prem

Supported Platforms

Windows

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Webinars

Company Facts

Organization Name

Vermeg

Date Founded

1993

Company Location

United States

Company Website

www.vermeg.com/agile/

Company Facts

Organization Name

Solvency II Solutions Ltd

Date Founded

2014

Company Location

United Kingdom

Company Website

www.solvencyiisolutions.com

Categories and Features

Regulatory Reporting

Not specified

Categories and Features

Regulatory Reporting

Not specified

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