The deadline for the implementation of Solvency II, the EU capital adequacy directive for the insurance industry, falls at the end of this year. Solvency II presents more frequent and granular reporting requirements for firms. This is why life assurance company St James's Place International has signed a five-year deal with Financial Risk Solutions (FRS), the software provider announced recently.
St James's Place International will use FRS's Invest|GRC product, which automates reporting under
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