SII Engine - Asseco

Type of System

  • Asset/liability management
  • Capital modelling
  • Data management
  • Economic capital aggregation
  • End-to-end ERM or Solvency II solution
  • Governance, risk, compliance
  • Internal/external reporting

Type of Platform

  • Cloud
  • Server-based
  • Web-based
  • SaaS

Other Features

The offering facilitates

  • Curve-fitting
  • Solvency II standard formula
  • Solvency II internal model

Implementation and Costs

Typical implementation costs:

Implementation cost is an up-front licence fee and first year support & maintenance fee. Price depends on number of users for the Pillar I and III modules and the Scenario Analysis Tool + Non-life BE module. The Solvency II Data Mart has a license fee per legal entity.

How long does your software take to implement on site?

The SII Engine is installed in 1 day. Including data verification sessions, clients are able to calculate and produce reports instantly.

Integrating SII Engine to client backend systems is completed in 30 man days for a SCR calculation, Quarterly report submission and Capital projections, scenarios, reverse stress. Additional 30 man days for the data remaining in regards to a Annual Report Submission

Please name companies that use the system/solution:

The SII Engine is used by +200 business users in +60 companies across 12 different EU countries