720455Bullingdon Research Ltd - Solvency II: Insurance Capital Adequacy Modelling SoftwareClosedGRD Development of PrototypeInnovate UKBullingdon Research Ltd will develop stochastic financial forecasting software to enable insurance companies to calculate their Capital Adequacy, which is a requirement under Pillar 1 of the EU Solvency II framework. This risk modelling environment will be accessible over the web and via mobile devices, utilising a cloud based mathematics engine designed for high performance and large scale commercial computation. A prototype will be constructed for user testing and rapid iteration, in order to prove fitness-for-purpose of the final production application.