OOliba finalOoliba is a software for actuarial calculations, which includes a module dedicated to Solvency Capital Requirement/Minimum Capital Requirement (SCR/MCR) determination based on standard formula (Pillar 1 of Solvency II). Ooliba models risks by managing data and processes (Market Risk, Best Estimates Non Life, Health, Workers Compensation…). 

This software targets mainly mutual insurances and pension funds with turnkey projects tailored for small- and medium-sized firms. Although Effisoft can provide complementary modules for companies with more substantial needs in order to make calculations for Pillar 1.