Achieving Solvency II transparency

Achieving solvency II transparency

The client

A UK-based mutual wishing to reduce costs and bring greater transparency to their reporting.

The challenge

  • A need to perform a look-through analysis of 542 funds, 75,719 asset lines and a Standard Formula SCR calculation.
  • Requirement to meet Solvency II reporting content requirements and deadlines.
  • Existing spreadsheet-based models did not satisfy reporting or MI requirements.

What MBE did

  1. Analysed the client’s asset universe and complexities.
  2. Investigated the optimal combination of fund managers data vendors and licences required to access the data required.
  3. Implemented an end-to-end risk management and capital optimisation software system developed and implemented by MBE, which
  • enabled the client to integrate, standardise and store data from various sources.
  • automated the calculation and integration of the Standard Formula asset stresses.

The results

  • Met Solvency II reporting requirements on time and with greater transparency.
  • Stronger Risk Framework with consistent information throughout cycle.
  • Cost savings in resource requirements and production.
  • Improved reporting and MI through the end-to-end solution, providing one version of the truth.

Get in touch






UK +44 (0)1737 735 563

SA +27 (0)21 527 0041

Get in touch









UK +44 (0)1737 735 563

SA +27 (0)21 527 0041