Wonderful calculation details
Magically transparent.
Our tool for calculating the Solvency Capital Requirement under Solvency II, SCR-Tool, is intuitive and simple to use. SCR-Tool comes with a powerful overview, and you can easily drill down in any component of the calculation. You can see the formulas, and results are presented exactly in the format, which is used in the QRTs. Nothing is hidden.
Update your market risk in seconds.
Market-Risk-Constructor
You can import asset data and look-through information for funds from our QRT-Tool. You will blazingly fast get an updated overview of the market risk. Our Market-Risk-Constructor also provides you with a transparency list, where details for each asset can be tracked. The risk-free interest rate term structures and the symmetric adjustment of the equity shock are embedded. No need for any manual update.
Update your underwriting risk in seconds.
Underwriting-Risk-Constructor
You can import liability data from our ReservingTool.
Amazing integration possibilities.
DataCollector
You can seamlessly pull in data from several sources. Some of your data may be stored in databases, Excel files, CSV-files, or other formats. Multiple sources can go into any part of the SCR calculation, and you can define relevant transformations to be used quarter after quarter, year after year. Our capital requirement tool, SCR-Tool, enables you to build a full automated integration for all reporting packages.
Includes UK modifications
SCR-Tool includes relevant UK modifications. You can import variants of the risk-free interest rate term structures and the symmetric adjustment of the equity shock published by the PRA instead of the ones published by EIOPA.
Powerful for groups. Powerful for consultants.
Multi-entity Handling
Groups can define all their legal entities under their reporting tool account. You can easily produce reporting for all entities, and they will be naturally organised. If you prefer separated accounts with separated data as well for each legal entity, we provide easy access. One username – multiple access. You simply choose what entity you work with at logon. SCR-Tool makes it easy to work as a consultant for multiple insurance companies.
More advantages
SCR-Tool is a certified ISAE 3000 software solution. The software has been audited by PwC and Deloitte. Penetration tests have been performed by NCC Group to ensure and validate the security.
Switching to SCR-Tool
You can easily switch to SCR-Tool. We provide you with a free and non-committal account in the full test and transition period. Assistance with the transition period is available and we are ready to give you a hand with the integration to some of your internal sources.