Insurance

European Fund Administration's outsourcing solution for unit-linked life insurance products encompasses valuation of dedicated (private client portfolios) and pooled funds (brokerage managed funds).

EFA's services have been developed to cover specific requirements for insurance vehicle accounting:

• Asset valuation

• Controls on investment restrictions

• Production of regulatory reports

Insurance fund services

• Accurate portfolio valuation using multi-feed security database with automated consistency checks and reconciliation with custodian banks

• Automated ex-post compliance controls according to the investment mandate and regulatory investment restrictions

• Automated SWIFT pre-settlement instruction messages to your custodian
  bank(s)

• Valuation reports using our proprietary internet based communication tool: EFAnet

  • Consolidated accounting and regulatory reports

  • Detailed general ledger and profit & loss figures

  • Portfolio assets breakdown (CAA categories)

  • Solvency data set