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Client success stories

French insurer

Financial statement of French Insurer

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Financial and regulatory reporting – Operational finance services

Client Description
An active European based reinsurer France based global insurer

 

The Client’s requirements

•The client was seeking assistance for a global corporate restructuring programme
•Pro were appointed to provide a robust financial platform to enable overseas subsidiaries to comply with both group and local reporting requirements

 

Our solution

•Implemented a project management environment to oversee the transition.
•Provided a dedicated team to migrate the existing finance systems to a new fully-supported platform
•Introduced appropriate procedures and controls to minimise risks
•Liaison with client head office to ensure all group reporting requirements were scheduled

 

Services/Value delivered

•A new reporting platform with appropriate controls, procedures and full audit trail
•As a result of new controls, significant balance sheet gains were realised
•Delivered timely local regulatory reporting in UK and Singapore

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