We offer the flexibility of pricing best estimates with multiple curve choices (EIOPA with or without VA, swap) across various currencies. We also support inflation-indexed liabilities.
For liabilities with convexity (such as Future Discretionary Bonus (FDB)), we can provide support using proxies that accurately replicate their convex exposures to market factors.
For Bermudian-based companies, we offer an off-the-shelf Scenario-Based Approach (SBA) model that is built to comply with Feb 23 and Jul 23 consultation papers. We have employed a parallel processing technique and can deliver results interactively in minutes for SBA runs, while allowing an asset portfolio over a thousand securities.
We have you fully covered by enabling all asset and liability SCRs under the Solvency II standard formula and BMA EBS.
Our system is built for maximum flexibility, allowing for SCR components modelled outside of Fentics. This ensures the integrity of your entire balance sheet remains uncompromised.
With us, reinsurance counterparty SCR is supported by actual collateral portfolios, providing the ability for real-time monitoring of reinsurance counterparty risk.
Need something out of the ordinary? We're here to help. Non-standard SCR calculations can be supported with custom internal SCR parameters, tailoring our solution to your unique needs.
At Fentics, we adopt a holistic company-wide approach to project unhedged SCRs over time when modelling risk margin (RM).
This approach fully supports all components behind RM, including reinsurance CDR with collateral portfolio.
We offer the freedom of flexible choices when it comes to risk drivers.
But we don't stop there. To accommodate unique requirements, we can also custom-tailor risk margin modelling to align with any non-standard features, ensuring a solution that truly fits your needs.
Whether you're dealing with a single entity or a complex group structure, with a single currency or multiple currencies, we've got you covered. We have the capability to consolidate reserving, SCRs, and risk margin at each entity level.
Our comprehensive approach takes into account any permissible diversification and currency conversion, ensuring accurate and efficient view of your complex structure.
