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Solvency IIEIOPAQRT
QRT Validation Causing Missed Deadlines
Pan-European Insurance Group
2,000+ employees
3 weeks
100%
Filing Success
70%
Time Saved
100%
Consistency
8
Coverage
The Challenge
A major insurance group operating across 8 European countries was facing chronic issues with their Solvency II reporting. Manual QRT validation was error-prone and time-consuming.
Pain Points
- ✗Multiple QRT templates with complex validations
- ✗Cross-border filing requirements
- ✗Last-minute error discoveries
- ✗No standardized validation across subsidiaries
- ✗EIOPA taxonomy updates causing confusion
The Solution
The group deployed Xerify as their centralized validation platform, with each subsidiary validating locally before submission to the group.
Key Features Used
EIOPA DPM and taxonomy compliance
Multi-entity validation dashboard
Automated QRT cross-checks
Version control for filing packages
Audit trail for all validations
Multi-language support (EN/FR/DE)
The Results
100%
Filing Success
Zero rejected filings
70%
Time Saved
Per-submission validation time
100%
Consistency
Standardized across all entities
8
Coverage
Countries using the platform
"Having a single validation standard across all our European subsidiaries has eliminated the guesswork from Solvency II reporting."
Group CFO
Pan-European Insurance Group
Implementation Timeline
1
AssessmentWeek 1
Entity requirements mapping
2
ConfigurationWeek 2
Multi-tenant setup and profiles
3
RolloutWeek 3
Entity-by-entity deployment
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