FSAssist software intro screenFSAssist

This spreadsheet-based system has been developed to enable Insurance Companies to complete their annual returns to the Bank of England's Prudential Regulation Authority electronically.

FSAssist is a Microsoft Excel application, and this base provides the user with a great deal of flexibility and transparency, allowing easy link ups with other internal data sources to minimise keyboard input. In many cases this linkage to accounting or valuation programs can be achieved by staff in the accounting or actuarial functions on their own, without significant need to call on scarce IT resources. It also makes for a very open system that is easy to use by anyone who has a reasonable grasp of Excel.FSA Form completion in FSAssist

The development of the program has benefited from a good deal of customer feedback to make it as user friendly as possible.

The output from this software has been designed to meet PRA specifications to produce both printed forms and electronic files that are in their required formats.

The program will work in any version of Excel from 2007 to 2013, and makes modest demands on computer hardware. The standard version meets the needs of the vast majority of UK insurers. Users can tailor it to meet their specific requirements either themselves or with our assistance. A full help desk service is available via telephone or email.

More information can be found on the FSAssist web site

Solvency II QRT Reporting

We are also in the process of developing a new system to allow insurers to complete the new QRT templates which will be required by the PRA and EIOPA under the Solvency II reporting regime.

The Solvency II software will allow the completion of the templates in the usual Excel spreadsheet environment, but with greater functionality to import and manage data - as well as finally being able to create the XBRL output files which will need to be submitted,.

An evaluation version of the software is available to trial now, with further updates being released as further details of the reporting requirements are released by the regulators.

We have a dedicated section of our web site www.fsassist.com/solvencyii where you can find the latest information about the development of this software.