Dublin-based Silverfinch and Luxembourg-based Fundsquare have announced an alliance to promote their Solvency II Look-Through and Data Utility across Europe.
The deal will see Silverfinch and Fundsquare launch a joint push to asset managers and their insurer clients ahead of the Solvency II implementation deadline of 1st January 2016.
Under Solvency II, insurers will be required to deal with a mass of regulatory reporting requirements. Fundsquare will allow insurers to gather highly detailed regulatory data on their large portfolio of assets which are invested on their behalf by a wide range of asset managers.
Novitas Partners advised MoneyMate on their alliance with Bourse de Luxembourg
