We have a robust and integrated software solution from SCR Calculations through to ORSA and then QRT & XBRL reporting. The application is all presented to the user in a highly usable Excel-based front-end, users can configure the inputs and outputs to be within a single workbook or split across multiple workbooks.
We support both the Solvency II SCR calculation and Solvency UK SCR calculation regimes, the same applying to all 3 pillar modules, we support clients across the full range of EEA countries and the UK.
Our SCR calculation validation module extends across all modules of the system. For example source data level validations eg Best Estimate cash flow inputs are checked for consistency (internal and against other datasets such as TPs) to highlight data issues BEFORE QRT validations are run.
We have all SCR modules and sub-modules included (fully automated market risk concentration risk sub-module and partially automated SCR CAT risk calculations).
Also risk margin is calculated (with options to select the method from EIOPA’s allowed options).
Governance controls around the whole system all inputs (and outputs) are locked with user access configurable. Full audit trail of all inputs and calculations performed.
There are several Solvency II SCR Software providers available in the market for insurers. Our big differentiating factors include:
- Very intuitive, fast and easy to use and follow interface ( you can quickly follow calculations through in Excel, there are no black-box elements). Not a clunky overwhelming system!
- Robust, trusted and proven solution across UK / EEA for over 10 years. Licensed by Big 4.
- Full end to end Solvency II / UK solution that includes SCR Calculations, following on to a flexible and highly configurable ORSA module, with data flowing automatically through to QRTs, NSTs and XBRL for reporting.
- Full governance, audit and process control features (sign off, audit trail, user access, rollback, workflows etc).
- We are ISO 27001 certified, we follow a secure and robust development process.
To book in a demo, follow this link:
If you would like to know more about the Solvency UK review, please see the follow links:
EIOPA SCR Directive
Benefits of our SCR Module
The Tabular SCR module from Solvency II Solutions offers insurers a streamlined and intuitive approach to managing Standard Formula Solvency Capital Requirement (SCR) calculations. Its primary advantage lies in the way it simplifies complex regulatory calculations into a structured, tabular format that can be easily understood, maintained, and audited by actuarial and finance teams alike.
One of the key benefits is the reduction of operational risk. The Tabular SCR module minimizes manual intervention by automating core components of the SCR calculation process. This helps firms avoid spreadsheet errors, ensures consistency in computations, and supports reliable capital reporting. Users can trace each calculation step and see how various risk modules interact, which enhances transparency and governance.
The module is also highly flexible. Firms can easily configure assumptions, correlation matrices, and input data through standardized templates without requiring programming expertise. This empowers users to adapt the SCR calculation logic to reflect evolving business structures, lines of business, or regulatory updates with minimal disruption. The modular setup also supports localized or group-level calculations, enabling solo entities and groups to apply the same methodology across their portfolios.
Auditability and compliance are further enhanced by the system’s ability to maintain a complete history of changes, inputs, and outputs. Review processes, validations, and control checks are embedded within the workflow, making it easier for firms to demonstrate robust oversight and meet supervisory expectations.
Another significant benefit is the integration potential. The Tabular SCR module can connect with upstream and downstream systems, such as actuarial modeling platforms, risk dashboards, or financial reporting tools. This enables efficient data sharing and reduces duplication of effort across teams.
Overall, the Tabular SCR module offers a clear, maintainable, and regulator-aligned solution for managing Standard Formula requirements. It helps insurers improve efficiency, reduce compliance risk, and gain deeper insights into their capital position using a familiar, table-based approach.