The web version is meant to be a simplified version for convenient cross-platform calculation and quick online look-up.
Here we list the limitations of the web version as a precaution. Only the desktop version is suitable for production.
| Features & Functionalities | Web Version | Desktop Version (Single Asset SCR Module) |
|---|---|---|
| Can calculate all SCR components of all asset classes under all jurisdictions | Yes | Yes |
| Countries Included for asset definition | EIOPA In-Scope Countries (53 in total) | All World Countries |
| Currencies Included for asset definition | EIOPA In-Scope Currencies | All World Currencies |
| Cashflows with Optionality change under interest rate and spread stresses | No | Yes |
| Can judge call/put likelihood based on user-supplied spread | No | Yes |
| "Combo Assets" (e.g. convertible bonds; interest rate swaps) | No | Yes |
| Can add single assets to form a portfolio | No | Yes |
| Allow user to enter customised risk-free curves / select proxy curves | No | Yes |
| Allow user to goal-seek the maturity date based on a target duration | No | Yes |
| Bermuda interest rate risk calculation | Use SII curves as approximation | Use BMA official curves published quarterly |
| Insurance Capital Standard v2.0 interest rate calculation | Not implemented | Yes (but using Mar 2022 static curve set) |
| SST vols and correlations | Only available as of the latest valuation year | Available and used for the actual valuation year |
| Correlation between Infrastructure Equity and Other Equities under the ICS | Not Implemented | Implemented |
Besides, of course, the web version can only calculate a single asset's SCR, while the desktop version can calculate the SCR for a portfolio, among other things.