The Algorithmics Economic Capital and Solvency II solution supports the development of an internal model and/or a Standard Formula approach. It is designed to meet the needs of all insurers, with each of its editions offering an end-to-end solution covering the three pillars of Solvency II, along with the opportunity to move between editions to scale up to more powerful and complex analytics. A “best practice” solution for Solvency II built working with leading insurers, it is pre-configured to help to lower project risk, control costs and give insurers more confidence about meeting Solvency II deadlines.
IBM offers two editions of the Algorithmics Economic Capital and Solvency II solution. These editions provide a comprehensive solution to the regulatory challenges of Solvency II by bringing together the following IBM products which are either pre-configured in a particular edition or can be introduced as dictated by a firm's needs: