Willis Towers Watson - RiskAgility Standard Formula
Type of System
- Capital modelling
- Data management
- End-to-end ERM
- Governance, risk, compliance (GRC)
- Internal/external reporting
- Risk management
- Solvency II solution
Type of platform
- Cloud
- Desktop-based
- Server-based
Other features - the offering facilitates:
Solvency II standard formula
What are the typical implementation costs?
Refer to vendor for an estimate
How long does your software take to implement on site?
Refer to vendor for an estimate
Please name companies that use the system/solution
Refer to vendor for references
What is the key attribute of your product(s) that differentiates it from your competitors?
RiskAgility SF will give you the calculations you need to derive the Solvency II standard formula in the environment required to provide auditability and governance of the process.
Pre-built application with EIOPA updates
- RiskAgility SF provides the standard formula SCR calculation and aggregation calculations you need
- Updated to keep in line with EIOPA regulations as these evolve
Simple and complex aggregation
- Deployed in simple solo entity and complex group scenarios with multiple currencies and complex multi-layer aggregation
- Group aggregation can be performed as a single (combined solo and group) run or individually
PIM option
- Allows for development of PIM aggregation using EIOPA prescribed methods
Enterprise governance features
- Fully in-built governance of processes, data and assumptions, delivering repeatability of results
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RiskAgility SF supports the Standard Formula calculation for complex group structures and is updated for EIOPA updates.
