Solvency II Service
No.1 hassle-free Solvency II solution for all 3 pillars
Solvency II reporting solution
SecondFloor specializes in Solvency II reporting processes. We build this specialization over the last years during the implementation of large Internal Model projects, and in the recent time through the end to end support of a standardized SAAS solution. Our Solvency Services cover all regulatory requirements (both from EIOPA as well as the Local Regulator) and have many options for customization and automation. We can integrate with existing data sources and configure data extraction fully automated, or receive the customers data files and map them to the taxonomy. Off course, the service also provides a set of templates for the QRT production.
Request a free trail for Solvency II
All three pillars for Solvency II finally on a single platform.
Taxonomy updates
The service is always up-to-date with EIOPA's latest taxonomy.
QRT's
Quantitative reporting in Excel and XBRL for solo and group companies.
EIOPA validations
Validation of all data points with full explanation (as applicable).
Hosted / OnPremise
Fully managed - in a secured data center in the EU or at your own location.
NST support
Support for national specific templates both in Excel and XBRL.
SCR and MCR
Standard Formula for SCR and MCR calculations with transparent models.
Narrative reporting
Integrated reporting templates for SFCR, ORSA, RTS in your own corporate design.
100% control
All the flexibility you need in a 100% controlled environment.
Client testimonials
The Challenge
In the complex landscape of Solvency II insurance companies face challenges such as shorter reporting timelines, fully auditable processes, keeping up with regulatory changes, and the imminent decomissioning of T4U. How to keep regulatory reporting efficient and effective.
Our Solution
SecondFloor has developed a unique Solvency II service, that gives insurance companies instant benefit and ease of mind. We gained our expertise from working with the best in the industry and used that experience to design our solution. All with the focus of reporting in the most efficient and economical way to stakeholders and the regulator.
