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Fermat Solvency II
A comprehensive risk management solution for insurance companies that enables firms to comply with all facets of the forthcoming Solvency II directive while providing the foundation for improved strategy and performance.
Fermat Solvency II also allows insurance firms to tackle today's operational requirements such as Embedded Value (EV) calculation, actuarial and asset and liability management (ALM) studies, financial analysis, income and business plan simulations.
Flexible Solution Covers Needs of a Variety of Firms
Designed to handle both local regulations and group consolidation, Fermat Solvency II can accommodate the needs of insurance firms of all shapes and sizes. Multi concurrent user access and the ability to simultaneously handle different entities and business units on a single platform, allows the harmonization of simulations and reporting across the whole firm. With Fermat Solvency II, managers are equipped with a fully integrated tool to facilitate decisions and improve the financial performance of their organization.
End-to-End Solution for Compliance
The powerful embedded ALM engine offers flexible and versatile multi-level parameterization making Fermat Solvency II fully compliant with the standard formula for the Solvency Capital Requirement (SCR) calculation. For full or partial internal models, Fermt Solvency II includes client behavior modeling, a total balance sheet approach, asset allocation strategies, profit sharing assumptions, income management, tax and dividend policies as well as stochastic simulations.
Robust Technology
In addition to its comprehensive coverage of the business and regulatory needs, insurance firms can be confident that Fermat Solvency II employs state of the art technologies. The system architecture core for Fermat Solvency II is the Fermat DataMart. Built to handle large volumes of data and to mirror business practices, the DataMart provides a comprehensive data management and reporting platform with full auditability and compatibility with leading edge calculation technologies.
