EIOPA will have to decommission the T4U after undertakings have conducted the first Solvency II reporting exercise in the second?? half of 2016 due to EIOPA’s budget restrictions (see roadmap below). EIOPA expects that market providers will be able to reuse and support the solutions developed by ?the T4U project and is therefore planning to make the tool available through an open source model.?
The aim of the workshop was to provide participants detailed technical information about the T4U. In addition, EIOPA was interested in collecting feedback to better understand questions the market may have. The event also offered participants the opportunity to meet and exchange views with EIOPA staff and its service providers.