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Provision of Software Components to Support Solvency II.
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Descriptions
Solvency II is an EU Directive that intends to harmonise insurance supervision across Europe.The PRA's implementation programme includes policy negotiations, updating supervisory practice to meet new requirements and reviewing internal model applications from insurers.The Bank of England is seeking to procure solutions across the following lots:Lot 1 – “end to end” collection and business validation/plausibility checking (excluding XBRL Processing)A product that collects a variety of data from external entities (Insurance Undertakings) securely, via a user interface and a business to business interface, and that provides secure user management capabilities. We expect to collect approximately 1000 files a month from approximately 500 firms, with each file ranging from 10 Mb – 200 Mb in size. A product that performs appropriate business data and plausibility validation on the data and that allows users to load, define, apply and maintain business data and plausibility validation rules.Lot 2 – Data Collection capabilityA product that collects a variety of data from external entities (Insurance Undertakings) securely, via a user interface and a business to business web service, and that provides secure user management capabilities. We expect to collect approximately 1000 files a month from approximately 500 firms, with each file ranging from 10 Mb – 200 Mb in size.Lot 3 – Business data validation / plausibility checking capabilityA product that performs appropriate business data and plausibility validation on the data and that allows users to load, define, apply and maintain business data and plausibility validation rules.Lot 4 – Solvency II XBRL ProcessorA product to process and validate EIOPA's Solvency II XBRL instance files, and extract data for loading into other systems.Please note that Lot 1 is made up of Lots 2 and 3 together. You are free to apply for either or both lots seperately, as well as lot 4.
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IT consulting
web services
network support
cloud services
IT systems
IT outsourcing
software development
cybersecurity support
application maintenance
digital solutions
help desk services
enterprise software
digital transformation
technical support
application software
system integration
software customization
packaged applications
IT infrastructure management
software package and information systems
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