Insurance
The long anticipated introduction of the Solvency II for Insurance companies has had a substantial impact on the calculation of capital requirements, leading to the reorganization of assets and liabilities so as to ensure optimal use of capital. Similarly to the Basel framework for banks, the Solvency II framework demands heavy interfacing with numerous IT systems, while each reporting exercise requires a lot of time and effort. In addition, a specialized investment management module may be seamlessly added to the above solution to add relevant state of the art functionality including investments accounting, portfolio monitoring, performance and risk measurement.