Enterprise Risk Management Technology Guide :: SAS Solution for Solvency II

SAS - SAS Solution for Solvency II

Type of System

  • Analytics
  • Risk management
  • Stress testing
  • Data management
  • Solvency II solution

Type of platform

  • Cloud
  • Server-based
  • Grid
  • SaaS

Other features - the offering facilitates:

  • Solvency II standard formula
  • Solvency II internal model

What are the typical implementation costs?

Costs vary significantly and are determined by the customers’ requirements and the scope of the project.

How long does your software take to implement on site?

Implementation projects also vary significantly. More than 40 customers currently use SAS’s Solvency II solution. Our experience with these customers tells us that implementation is influenced by factors such as complexity of business (numbers of countries and range of products), data quality/availability, extent of use of internal model vs standard model and many other Solvency II specific policy choices.

Please name companies that use the system/solution

More than 40 customers are using the solution including insurers such as Atradius Crédito y Caución, Belfius, La France Mutualiste, CNP, International Life, Ydrogios, PFA Pension A/S and Santa Lucía SA Compañia de Seguros.

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SAS Solution for Solvency II. Streamline compliance, improve risk decisioning and drive down operational costs.

Contacts

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