Pro.

Client success stories

French insurer

Financial statement of French Insurer

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Financial and regulatory reporting – Operational finance services 

An active European based reinsurer - France based global insurer

 

The Client’s requirements: 
• The client was seeking assistance for a global corporate restructuring programme
• Pro were appointed to provide a robust financial platform to enable overseas subsidiaries to comply with both group and local reporting requirements

 

Our solution:
• Implemented a project management environment to oversee the transition.
• Provided a dedicated team to migrate the existing finance systems to a new fully-supported platform
• Introduced appropriate procedures and controls to minimise risks
• Liaison with client head office to ensure all group reporting requirements were scheduled

 

Services/Value delivered:
• A new reporting platform with appropriate controls, procedures and full audit trail
• As a result of new controls, significant balance sheet gains were realised
• Delivered timely local regulatory reporting in UK and Singapore 

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