Top 10 Best Solvency Ii Software of 2026

RiskIntegrity Solvency II from Moody's Analytics is a comprehensive enterprise-grade platform designed to support EU insurers in achieving full compliance with the Solvency II directive across Pillars 1, 2, and 3. It enables precise calculation of Solvency Capital Requirements (SCR) via standard formula and internal models, risk aggregation, Own Risk and Solvency Assessment (ORSA), and automated regulatory reporting including XBRL submissions. The solution integrates advanced stochastic modeling, scenario generation, and validation tools, leveraging Moody's proprietary data and economic models for accurate risk assessment.

OneSumX Regulatory Reporting by Wolters Kluwer is a comprehensive platform designed for financial institutions to automate Solvency II reporting, including Pillar 3 disclosures, quantitative reporting templates (QRTs), and supervisory reporting. It aggregates data from multiple sources, applies complex validation rules, and generates XBRL-formatted submissions directly to regulators. The solution supports ongoing regulatory updates and integrates with risk management systems for a holistic compliance approach.

SAS Solvency II Compliance is a comprehensive analytics platform from SAS designed to help insurers manage and report under the Solvency II framework, covering Pillar 1 capital requirements, Pillar 2 risk management, and Pillar 3 disclosures. It leverages advanced modeling for Standard Formula and Internal Model calculations, including stochastic simulations for SCR and MCR, alongside automated reporting via XBRL. The solution integrates seamlessly with the broader SAS ecosystem for data management, AI-driven insights, and regulatory change adaptability.

FIS Solvency II Accelerator is a comprehensive software solution from FIS Global designed to streamline Solvency II compliance for insurance companies. It automates critical calculations including Solvency Capital Requirement (SCR), Minimum Capital Requirement (MCR), technical provisions, and balance sheet projections using the standard formula. The platform supports Pillar 1 quantitative requirements, Pillar 2 risk management, and Pillar 3 reporting to EIOPA, with strong integration into FIS's broader insurance administration systems like Profile.

Oracle Financial Services Insurance Analytics is a robust platform tailored for insurance firms to meet Solvency II requirements through advanced risk management and capital modeling. It supports standard formula calculations, internal model validations, ORSA reporting, and regulatory disclosures using Oracle's integrated analytics engine. The solution excels in handling complex data volumes for large insurers, providing scenario analysis and predictive insights to optimize solvency positions.

IBM Planning Analytics for Solvency II is a powerful multidimensional analytics platform built on the TM1 engine, designed to help insurance companies comply with Solvency II regulations through accurate calculation of Solvency Capital Requirement (SCR), Minimum Capital Requirement (MCR), and technical provisions. It supports complex scenario modeling, risk aggregation, Own Risk and Solvency Assessment (ORSA), and automated regulatory reporting. The solution integrates seamlessly with Excel and other IBM tools, enabling real-time forecasting and what-if analysis for enhanced decision-making.

PolarLake RegPlatform is a cloud-native SaaS solution specializing in automated regulatory reporting for financial institutions, with robust support for Solvency II requirements including QRTs, RSR, and SFCR submissions. It streamlines data ingestion from diverse sources, applies rule-based validations, and ensures compliance through full audit trails and data lineage. The platform also offers regulatory intelligence to track evolving Solvency II guidelines across jurisdictions.

Regnology XBRL Hub is a specialized cloud-based platform designed for XBRL processing and regulatory reporting, with strong support for Solvency II requirements under EIOPA. It facilitates data mapping, taxonomy validation, report generation, and secure filing for insurance firms. The solution integrates with existing financial systems to streamline compliance workflows for periodic Solvency II submissions like ORSA and quantitative reporting.

Milliman CalcEngine is a high-performance calculation engine tailored for actuarial and risk management professionals in the insurance sector. It excels in executing complex financial models required for Solvency II compliance, including Standard Formula SCR, internal model validations, Own Funds calculations, and stochastic projections. The platform supports scalable, parallel processing for large datasets and integrates seamlessly with enterprise systems for reporting and regulatory submissions.

Workiva Solvency II Reporting is a cloud-based platform that streamlines Pillar 3 regulatory reporting for EU insurers under the Solvency II framework. It integrates data collection, XBRL tagging, validation, and collaborative review processes to ensure accurate and timely submissions to EIOPA. The solution emphasizes audit trails, version control, and connectivity with financial systems for efficient compliance management.