The SII Engine - Pillar 1 & Pillar 3
The SII Engine standard solution, is delivered with Pillar 1 & 3 integrated together, creating the most optimized Solvency II process on the market.
The Pillar 1 SCR is calculated by a click of a button, and you will at the same time have full transparency of all formulas and results. Once your Standard Formula is completed, the Pillar 3 QRTs are automatically produced, giving you a seamless and effective reporting process. The SII Engine will finally convert your QRTs into the required XBRL format.
The SII E4U - Pillar 3
The SII E4U is for companies looking for solely a Pillar 3 replacement for the EIOPA T4U, which will be terminated in June 2017.
This software package will give you access to the Pillar 3 module of SII Engine, where you can upload manually the Quarterly QRT templates, and convert them into XBRL yourself. The SII E4U includes access to the SII Engine Team of dedicated Solvency II experts.
The SII Engine installation is completed in 1 day as a cloud hosted service or installed on-premise in your company's own infrastructure.
By creating a company specific Input Adapter, we define the data your company needs to deliver to SII Engine, in order to comply with Solvency II. The Input Adapter is delivered as SII Engine templates, incl. detailed sourcing guidelines.
You can source data automatically by integrating the SII Engine to your various data sources. The integration project is based on an iterative process with end-to-end testing with all relevant back-end systems.