Portfolio Accounting and Reporting
Portfolio Accounting & Reporting
Identifying all the components of your investments and reporting them properly can be daunting because it often seems like change is the only constant in the NAIC regulatory environment. And instituting change in Excel is a time-consuming, error-prone challenge that can expose you to costly compliance issues. But big power for investment accounting is not limited to big companies. And it doesn't require big budgets. That’s why small-to-medium sized insurers across the country are now using Portfolio Accounting & Reporting (PAR) to make sure they’re always up to speed.
As one of the industry’s few SaaS (software-as-a-Service) solutions, PAR ensures investment transaction reports are created according to the most recent NAIC regulations. Securely delivered via the Internet, PAR enables accounting and tax departments, brokers, and custodial banks to collaborate in real time, from virtually anywhere. With the capability to import transaction files from your bank or broker, PAR virtually eliminates manual entry and errors, and initial setup of your company is a snap.
