NEXONTIS Solvency II Solution delivers software and predefined business content for the valuation of insurance products and acts as a processing platform to feed General Ledger, Actuarial Engine and Business Warehouse systems with its results. It can be connected to custom specific risk engines / actuarial systems to feed and get the results of internal models. Via regular business content updates, future changes of the Solvency II standard will be reflected.
NEXONTIS Solvency II for Insurance Solution is based on SAP FS-APPL® and thus gains from the mature and mass data compliant Integrated Finance&Risk Architecture platform (IFRA), which is used already by 100+ banks of all sizes including Deutsche Bank, Commerzbank, National Australian Bank, etc.
NEXONTIS Solvency II for Insurance Solution can integrated with SAP and non-SAP in-force systems (see NEXONTIS Data Load Solution) and can be reconciled throughout the whole customer system landscape (see NEXONTIS Reconciliation Solution).