Knowledge Bank

Use Cases

Psicle has a pre-built Solvency II (EU) and SAM (South Africa) Standard Formula SCR calculation. It integrates within our Psicle Base Platform and with other gadgets, enabling automation from source systems and other actuarial or finance models through to the SCR calculation.

Our SF Gadget automatically produces the QRT reports and can populate the Lloyd’s Standard Formula spreadsheet to streamline your reporting process. It also contains previous parameter sets to enable to run the SF on different bases as regulation changes.

See our SII Standard Formula Factsheet and Case Studies for more information on our Standard Formula offering.

SII Standard Formula Factsheet

 

Solvency II Standard Formula