A

1. Solvency 2 IT Architecture
17 Dec 2012 - Frankfurt
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2. The Story of the baking hen
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3. I am baking a cake,
who is going to help me?
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4. Plenty examples online
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5. Teradata
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6. SCR
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7. Solvency 2- The three Pillars
Pillar 1 Pillar 2 Pillar 3
Calculate SCR & MCR Support ORSA Group requirements for
reporting
Calculate Technical Develop Supervisory
Provisions Review Process External reporting
requirements
Monitoring Solvency Refine Risk Management
requirements Process Internal reporting
requirements
Quantify Operational risk Develop policy framework
Link with IFRS 2
Valuation of Assets Define Risk Appetite
Information provided to the
Aggregation Develop risk based
Supervisor
performance measure
Stress and Back Testing
Annual Published solvency
Develop Organization –
and financial condition
People Culture
report
competencies.
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8. A Proposed IT Architecture - Actuarial
INPUTS actuarial
ESGs OLAP Data Model
OUTPUTS
Data Marts
Layer 1
Layer 2
Layer 3
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9. Risk Datamarts Sophistication
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10. SCR Market - Concentration
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11. Modules
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12. 10 Steps for successful IT
implementation
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13. The tricky part…
“Multi-layer” & “Multi-owner” Architecture
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14. More Complications - XBLR
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15. How is it achieved?
Measure Mix Blend Bake Decorate
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16. How is it achieved?
Measure Mix Blend Bake Decorate
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17. How is it achieved?
Measure Mix Blend Bake Decorate
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18. How is it achieved?
Measure Mix Blend Bake Decorate
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19. Quote;
• If you do not measure it, you cannot control it.
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20. Questions
For the full presentation please contact me:
stelios ioannides
stelios dot ioannides dot risk at gmail dot com
© stelios ioannides 2012