SecondFloor announces a new partner in Austria with its established cooperation with Arithmetica. Working with joint customers we discovered that our services are strongly complementary. Together we can offer insurance companies an end-to-end solution for Solvency II. The companies aim to further grow the customer base in Austria and abroad.

Arithmetica can now offer its clients a complete Solvency II reporting solution including the Solvency II service by SecondFloor. Especially with the decommissioning of T4U the XBRL version of the service is a hassle-free replacement. SecondFloor acts as reseller for Arithmetica for its risk modeling solution ariSF (arithmetica Standard Formula).

About Arithmetica

Arithmetica is one of the leading financial and insurance consulting firms in Austria with a long-term success story. The company has Austrian roots and an international network. The affiliation with the Vienna Insurance Group, the largest insurance group in Austria and CEE, enables Arithmetica to act and grow independently in the market.

About SecondFloor

SecondFloor is the specialist in Insurance Risk management solutions in Europe. The company offers highly scalable IT solutions that fit any size of insurance company. With its strong track record, SecondFloor developed excellent know-how and offers solutions approved by regulators throughout Europe.

The product offering of SecondFloor enables efficient analytics, regulatory and management reports, on time every time. SecondFloor is a preferred supplier for a wide range of environments; internal model platforms, standard formula processes and regulatory reporting tool for QRT’s (XBRL), SFCR, ORSA and RSR.