About this paper
Solvency II is set to come into effect on January 1, 2014, but there has been a recent proposal to extend the deadline for Solvency II compliance by one year based on the UK's Financial Services Authority findings that many insurers have a lot to do before they reach the Solvency II standards. SAS sees the proposed extension as an opportunity to take a structured approach to the Solvency II transformation project. In this paper, SAS shares its insight into the challenges insurers are facing in the countdown to Solvency II and outlines the SAS® solutions that can help them to prepare.
SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 75,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world THE POWER TO KNOW®.