Main news of the S73 release

Compliance

QRT and Fast Close

The Sofia module supporting the creation of QRTs has been enriched with the possibility of producing reports consistent with the accounting situations obtained through the use of the “Fast Close” module. This last module allows to create, on the same closing date, up to three different accounting situations that are crystallised. 

For further information: sofia.info@simcorp.com

 

ANIA: Allegato B/BIS

The new module "ANIA: Allegato B/BIS" is now available in Sofia. It allows the production of the prospectus required by ANIA for sending the data of the Segregated Funds and related to IVASS “Allegato B_voci aggiuntive”. 

The new prospectus provides more details for the Segregated Funds categories 103, 105 and 303. In particular it allows to indicate:

• how much of the total is made up of Green Bonds for categories 103 (Other government securities issued in euro) and 105 (Bonds listed in euro);
• how much of the total is made up of ESG Funds for category 303 (Equity, Debt and Balanced/Flexible Funds).

For further information: sofia.info@simcorp.com
 

Sustainability

SFDR

The new "SFDR" module is now available in Sofia, created following the publication of EU Regulation 2020/852 and the Letter to the Market published by IVASS in July 2022. This new module allows to import and store information on all Principal Adverse Impacts required by the regulation and to calculate values for individual positions and the entire portfolio to support the compilation of the ESG_1 Cube (Investments - Quantitative Disclosures). The module will also support the fields required by the EU Taxonomy Regulation 2020/2088, in particular for measuring the alignment of the investment portfolio to the Taxonomy.

The new "SFDR" module joins the "ESG" module to enrich Sofia's suite of modules supporting sustainability issues, one of the core themes of the insurance market. 

For further information: sofia.info@simcorp.com // sofia.ESG@simcorp.com
 

Riskalm

Strategic Planning

The development of the tools supporting the strategic planning of investments in Sofia continues, aimed at a complete representation of the evolution of IFRS 9 financial statements and with particular attention to the increasingly close correlation required between assets and liabilities by the introduction of IFRS 17.

For further information: sofia.risk-alm@simcorp.com