Description

SAS Solution for Solvency II is a comprehensive risk analytics framework designed for governance, risk management, and compliance (GRC) professionals. It enables users to automate data collection and consolidation, error handling, and data processing, calculate Solvency capital required (SCR) and minimum capital required (MCR) for entities on both levels (solo and group), aggregate risk capital across all risk types including market, life, P&C, health, credit, and operational risk, perform calculations to anticipate risks, and implement control measures to maintain solvency ratios meeting the regulatory requirements. Features include risk analysis, reporting capability, built-in data quality tools, historical data access, and predefined intra and inter report validation checks.