Confidence in your capital: The Solvency II data directory

 

Meeting the challenge of documenting the data for Solvency II can be daunting. How can it be done efficiently and effectively whilst adding value?

 

 

Solvency II requires firms to populate a Data Directory which documents the source, characteristics and usage of the data. This provides the foundation for a good data governance framework.

 

Given the time constraints for achieving compliance organisations need a clear approach to meet the challenge. PwC has developed an approach and tool to support insurers in developing and populating a Solvency II compliant Data Directory.