STREAMLINE APRA REPORTING FOR INSURERS
General Insurance, Life Insurance, Private Health Insurance
APRA REPORTING FOR YOUR INSURANCE BUSINESS
Reg360 delivers a platform for automation, collaboration, validation & reconciliation and governance to efficiently meet all your APRA reporting requirements, now and in the future.
Embedded APRA reporting taxonomy in line with latest AASB 17 requirements. Reporting artefacts regularly monitored to ensure solution is up to date and reflects latest standards.
AASB 17 COMPLIANT
Whether the update is for APRA Connect or any other reporting platform from APRA, Reg360 ensures that users have the latest templates, rules, concepts and enumerations. Our dedicated subject matters monitor the latest regulations for you.
APRA REPORTING HUB
Reg360 efficiently automates the APRA reporting process from data load and mapping through to submission. Reg360 supports all returns and granular dataset collections on APRA Connect and D2A.
AUDIT & CONTROL
Preventive and detective controls throughout the reporting process – controlled adjustments, validations, and approval. Full audit trail and central record of all activities throughout the reporting lifecycle. Create a 360 degree view for FAR accountable executives,
"Insurance providers in Australia can't maintain the status quo. APRA and ASIC's initiatives, such as the Insurance Data Transformation, AASB17/LAGIC updates and APRA Connect, are requiring all insurance companies in Australia to redesign their APRA reporting processes. To cost-efficiently meet their regulatory obligations and to uplift their controls environment for FAR accountable executives, reporting entities require enabling technology beyond spreadsheets. Reg360 has been designed and built in Australia to support insurers, banks and superannuation entities efficiently meet their requirements with best of breed technology."
Thomas Verlaet - Founder
"It is evident with the increased scrutiny from regulators in their pursuit of more granular data and reporting information that our team would need a robust platform that offers an independent means of validating the data and we decided to adopt Reg360 to help us navigate the new requirements along with changes to the accounting standard for insurance companies".
"Our positive experience with the RegCentric team and aspirations for the Reg360 microservices technology will best place our team to ensure coverage of current and future regulatory reporting challenges”.
WHY REG360 WAS LISTED IN AFR BOSS MOST INNOVATIVE COMPANIES IN FINANCIAL SERVICES IN 2023.
Built-in regulatory taxonomy, validation rules, and report formats
Supports conversion of reports to any regulator-prescribed format (e.g. XML, XBRL, etc.)
Complete audit trail – drilldown from returns to underlying business logic and data
Supports multiple report generation options – simple report upload function or report generation from data sets
Immediately view allocated reports with our intuitive mapping engine
Comprehensive analytics – get more from your data than just compliance