The new SOFIA module for the calculation of the SCR
With the SOFIA S58 release scheduled for December 2015, a new module will be available for the calculation of Market Risk on assets according to the “Standard Formula”, in accordance with the provisions of “Pillar I” of the “Solvency II” regulations.
November 24, 2015 - This module makes available to the Client a fast calculation tool that allows the continuous monitoring, in real time, of the SCR.
The calculation can be launched on a single portfolio or on groups of portfolios and can be scheduled on a daily basis in order to monitor the temporal evolution of the different factors.
The calculation engine is integrated with the “Look Through” module and it is therefore possible to evaluate the capital requirement obtained by exploding, or not, the funds in their constituent.
For further information please contact our help desk.