Welcome!

News Feed Item

DSW Zorgverzekeraar Will Consolidate and Report on Solvency II with Tagetik

SCHIEDAM, The Netherlands and LUCCA, Italy, February 5, 2014 /PRNewswire/ --

Innovative and trendsetting healthcare insurance company in the Netherlands unifies consolidation, financial reporting and compliance requirements with Tagetik

Tagetik, a global provider of enterprise software solutions for Performance Management, Disclosure Management, Financial Governance and Business Intelligence, today announced that DSW Zorgverzekeraar (http://www.dsw.nl) is implementing Tagetik to deliver Solvency II compliance

The Tagetik software, which is distributed by iNovasion in The Netherlands (http://www.tagetik.com/nl), replaced DSW's existing Excel-based reporting solution. DSW is now able to report its quarterly financials, including its investment and liquidity data, with the Tagetik application. The 2nd phase, planned for 2014, will automate the annual financial report and implement Tagetik's pre-packaged solution for Solvency II Pillar 1 and Pillar 3. With this, DSW will be empowered to report its external financials, internal and Solvency II reporting, from one unified Performance Management solution.

In early 2012, DSW Zorgverzekeraar decided to replace its Excel-based reporting environment and look for a tool that could meet all their requirements, including Solvency II. A software selection followed in 2012, during which Hulsker Finance & Business Consultancy (http://www.hulsker.nl) advised on the requirements of Solvency II. In 2013 the project was executed, led by Hulsker Finance & Business Consultancy.

"DSW Zorgverzekeraar conducted a comprehensive process to select the best software solution for Solvency II. They were looking for a solution that could get them running quickly with the starter kits and for a team of excellent people to work with," adds Marco van der Kooij, General Manager at Tagetik The Netherlands. "Tagetik outperformed the competition, leveraging rich, built-in functionality to support a global consolidation and reporting process as well as strong commitment from the management team to go the extra mile and make this project a great success."

"With DSW Zorgverzekeraar, Tagetik continues to strengthen its position as a global provider of solutions for financial services and insurance companies," explains Sabrina Rosati - Executive Vice President, Professional Services at Tagetik (http://www.tagetik.com/about/management/sabrina-rosati). "Tagetik leverages both the software and the industry experience to streamline financial reporting and disclosure processes as part of a complete, fast-to-implement Solvency II pre-packaged solution. This way, insurance companies can ensure 100% compliance with both current and future EIOPA requirements according to the principals of accuracy, completeness, timeliness, consistency, and traceability."

For more information on Tagetik's Solvency II pre-packaged application, replay this on-demand webinar: http://www.tagetik.com/events-news/on-demand-seminars/webinar-solvency-ii

About DSW Zorgverzekeraar

DSW Zorgverzekeraar, a mutual healthcare insurance company founded in 1987, has over 445,000 customers, making it a mid-sized company in the Dutch healthcare insurance market. DSW is one of the most innovative and trendsetting healthcare insurance companies in the Netherlands, generating revenues of € 770 million in 2012. DSW Zorgverzekeraar has 400 employees and is headquartered in Schiedam in the Netherlands.

To learn more: http://www.dsw.nl

About Tagetik    
Tagetik is one of the fastest growing global software companies in the Performance Management industry, with operations in more than 20 countries and over 600 customers worldwide. Tagetik delivers enterprise solutions while providing a "boutique" experience, resulting in the highest level of client satisfaction in the industry.

In the cloud or on-premises, Tagetik 4 is a unified Financial Performance Platform for the office of finance, delivering budgeting, planning, forecasting, consolidation, close, reporting, profitability analysis, disclosure management, financial governance, and business intelligence. Having one solution for these processes improves efficiencies, reduces risk, saves money and improves the bottom line.

To learn more: http://www.tagetik.com

Follow Tagetik on: Twitter  Facebook  LinkedIn  Google+  YouTube 

Tagetik Corporate Press Contacts:
Elisabetta Pierallini
Luca Pieretti
+39-0583-96811
[email protected]

The Netherlands Press Contact:
Marco van der Kooij
General Manager
+31(0)26-202-0109
[email protected] 

SOURCE Tagetik

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Kubernetes is a new and revolutionary open-sourced system for managing containers across multiple hosts in a cluster. Ansible is a simple IT automation tool for just about any requirement for reproducible environments. In his session at @DevOpsSummit at 18th Cloud Expo, Patrick Galbraith, a principal engineer at HPE, discussed how to build a fully functional Kubernetes cluster on a number of virtual machines or bare-metal hosts. Also included will be a brief demonstration of running a Galera MyS...
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection. In his session at 18th Cloud Expo, Bradley Holt, a Developer Advocate with IBM Cloud Data Services, discussed...
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.