Barnett Waddingham - SIIMPLIFY
Type of System
- Solvency II solution
- Stress testing
Type of platform
Other features - the offering facilitates:
Solvency II standard formula
What are the typical implementation costs?
License costs are £10,000 - £15,000 per year per company
How long does your software take to implement on site?
Software is provided by a file transfer or by web-link and is available instantly. Typical set-up time is less than 1 day to link required data from sources
Please name companies that use the system/solution
SIIMPLIFY was used to calculate YE 2019 SCR figures for over 20 life and GI companies
SIIMPLIFY is a SCR calculation engine supported by actuaries – easy to set up and use, robust and great value!