IORP II XBRL reporting with user-friendly software
The leading service for swift implementation of the EIOPA reporting standard for pension funds.
IORP II Directive Implementation
The new IORP II Directive introduces new requirements for governance, own risk assessments and XBRL reporting. The specification for this XBRL reporting is published by EIOPA through a specific Pension Funds Taxonomy. Based on best practices we learned in our years of working in regulatory reporting, such as Solvency II and many national specific additions such as the FTK framework for pension funds in The Netherlands, we have developed an end-to-end solution for Pension Funds. This solution includes all IORP II entry points; annual, quarterly and all the ECB variants. It allows you to provide your data, and we create easy readable reports, including all the validations that are part of the taxonomy, and off course, an up to date version of the XBRL you can file with your regulator.
Fully compliant with IORP regulatory requirements
Hassle-free solution
This service for pension funds is a subscription based and fully managed by SecondFloor. The service is available hosted in our data center, or can be installed on-premise on your IT infrastructure. We can facilitate the integration with your existing reporting templates for an easy transition.
Automatic updates
SecondFloor manages the service including the regulatory updates upon changes by EIOPA, this is included in the subscription. You do not need to worry about future changes in the specifications. Our team closely follows the developments at EIOPA, and is available to assist clients.
Effective and efficient
The service is developed based upon our long term experiences and proven to be user-friendly. For example clients appreciate the validations - as a very helpful and time-saving feature. Furthermore the solution can be customized for a smoother integration with your best-practices.
Flexible subscription
SecondFloor offers pension funds a flexible subscription for the service. A great opportunity to implement the IORP II reporting without up-front investment. Why not experience it directly with a free trial. Contact sales for more information or request a trial.
Taxonomy updates
The service is always up-to-date with EIOPA's latest taxonomy.
QRTs
Quantitative reporting in Excel and XBRL for solo and group companies.
EIOPA validations
Validation of all data points with full explanation (as applicable).
Hosted / OnPremise
Fully managed - in a secured data center in the EU or at your own location.
NST support
Support for local specific templates both in Excel and XBRL.
100% control
All the flexibility you need in a 100% controlled environment.
Short on time? We'll call you.
Our process
We work with financial services companies around the world. Here's our process.
Our team has years of industry experience to help support you throughout the regulatory compliance software acquisition process — from A to Z.
Our services range from self-serve free trial up to solutions that require white glove service. In both cases, we begin by learning about you.
We ensure you have everything you need to get off to a great start with your compliance software and services.
Whether you've chosen SaaS self-serve, on premise, or cloud-based implementation, rest assured knowing you can start using our solutions ASAP.
Once you're up-and-running, our customer success team is here to support you every step of the way.
We work with companies of all sizes, with varying numbers of end-users. When you're ready to scale up your solution, look no further than cleversoft.
Not only does our technology have a 99.98% availability rate, but our tech team and customer success are here for you when you need us most.