Capitawise for Reinsurers

Reinsurance accounting for multi-currency, multi-jurisdiction books is slow and risky on manual spreadsheets and fragmented bordereaux. Capitawise runs period-end end to end — raw data in, finished, audit-ready statements out — in one governed workflow.

The scenario

A reinsurer closes the period across many currencies and accounting bases, reconciling fragmented technical accounts and bordereaux by hand and rebuilding FX calculations nobody wants to defend at audit. Every statement figure is hard to trace back to its source.

Outcomes

• Technical accounts and bordereaux are ingested and reconciled into one governed model automatically.
• IAS 21 FX is calculated with the rate, date and source locked in, so every conversion is reproducible.
• Statements are produced across local and international accounting bases at once, with the differences tracked.
• Any figure on a statement drills down through the ledgers and journals to the exact source row.
• A uniform data model for partner collection cuts intake errors and onboarding friction across the network.