Softwarebouwer Secondfloor trekt durfkapitaal aan
- MAIN CAPITAL II EN TIIN BUY-OUT & GROWTH INVESTEREN (Persbericht)
23-9-2010 - Early stage
Main Capital II and TIIN Buy-out & Growth Fund have obtained a substantial minority stake in the company SecondFloor. This was jointly announced today by the three organizations. Solution Provider SecondFloor delivers compliance solutions to several large European (top-10) insurers in order to comply with the upcoming Solvency II regulations. The unique software guarantees a transparent risk process, an issue in which a lot of technical data integration and business aspects are involved. With the growth capital, SecondFloor is able to benefit from the momentum which currently exists in this particular market, due to Solvency II.
Insurers increasingly have to comply with regulations in the field of capital calculations and the ability to make an audit trail of the different risk processes. The Solvency II regulations have to be implemented by 2012. SecondFloor, together with its Canadian partner, a leading supplier of risk calculation software, has more than 4 years of experience in making Solvency II compliancy solutions. For smaller and medium sized insurers, the company offers in house developed software solutions. Today, Secondfloor serves more than ten large international insurers. The Risk Management solution which SecondFloor provided for ING won the prestigious Banking and Finance ICT Innovation Award.
Het groeikapitaal wordt ingezet om de internationale expansie te versnellen. SecondFloor is momenteel actief in Duitsland, Engeland, Frankrijk en Scandinavie. De hoogte van de investering wordt door het bedrijf niet bekendgemaakt.