DSW Zorgverzekeraar Will Consolidate and Report on Solvency II with Tagetik
SCHIEDAM, The Netherlands and LUCCA, Italy, February 5, 2014 /PRNewswire/ –
Innovative and trendsetting healthcare insurance company in the Netherlands unifies
consolidation, financial reporting and compliance requirements with Tagetik
Tagetik, a global provider of enterprise software solutions for Performance
Management, Disclosure Management, Financial Governance and Business Intelligence, today
announced that DSW Zorgverzekeraar (http://www.dsw.nl) is implementing Tagetik to
deliver Solvency II compliance.
The Tagetik software, which is distributed by iNovasion in The Netherlands
), replaced DSW’s existing Excel-based reporting solution. DSW is now able to report its
quarterly financials, including its investment and liquidity data, with the Tagetik
application. The 2nd phase, planned for 2014, will automate the annual financial report
and implement Tagetik’s pre-packaged solution for Solvency II Pillar 1 and Pillar 3. With
this, DSW will be empowered to report its external financials, internal and Solvency II
reporting, from one unified Performance Management solution.
In early 2012, DSW Zorgverzekeraar decided to replace its Excel-based reporting
environment and look for a tool that could meet all their requirements, including Solvency
II. A software selection followed in 2012, during which Hulsker Finance & Business
Consultancy (http://www.hulsker.nl) advised on the requirements of Solvency II. In
2013 the project was executed, led by Hulsker Finance & Business Consultancy.
“DSW Zorgverzekeraar conducted a comprehensive process to select the best software
solution for Solvency II. They were looking for a solution that could get them running
quickly with the starter kits and for a team of excellent people to work with,” adds Marco
van der Kooij, General Manager at Tagetik The Netherlands. “Tagetik outperformed the
competition, leveraging rich, built-in functionality to support a global consolidation and
reporting process as well as strong commitment from the management team to go the extra
mile and make this project a great success.”
“With DSW Zorgverzekeraar, Tagetik continues to strengthen its position as a global
provider of solutions for financial services and insurance companies,” explains Sabrina
Rosati – Executive Vice President, Professional Services at Tagetik (
). “Tagetik leverages both the software and the industry
experience to streamline financial reporting and disclosure processes as part of a
complete, fast-to-implement Solvency II pre-packaged solution. This way, insurance
companies can ensure 100% compliance with both current and future EIOPA requirements
according to the principals of accuracy, completeness, timeliness, consistency, and
For more information on Tagetik’s Solvency II pre-packaged application, replay this
About DSW Zorgverzekeraar
DSW Zorgverzekeraar, a mutual healthcare insurance company founded in 1987, has over
445,000 customers, making it a mid-sized company in the Dutch healthcare insurance market.
DSW is one of the most innovative and trendsetting healthcare insurance companies in the
Netherlands, generating revenues of EUR 770 million in 2012. DSW Zorgverzekeraar has 400
employees and is headquartered in Schiedam in the Netherlands.
To learn more: http://www.dsw.nl
Tagetik is one of the fastest growing global software companies in the Performance
Management industry, with operations in more than 20 countries and over 600 customers
worldwide. Tagetik delivers enterprise solutions while providing a “boutique” experience,
resulting in the highest level of client satisfaction in the industry.
In the cloud or on-premises, Tagetik 4 is a unified Financial Performance Platform for
the office of finance, delivering budgeting, planning, forecasting, consolidation, close,
reporting, profitability analysis, disclosure management, financial governance, and
business intelligence. Having one solution for these processes improves efficiencies,
reduces risk, saves money and improves the bottom line.
To learn more: http://www.tagetik.com
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Tagetik Corporate Press Contacts: Elisabetta Pierallini Luca Pieretti +39-0583-96811 firstname.lastname@example.org The Netherlands Press Contact: Marco van der Kooij General Manager +31(0)26-202-0109 email@example.com