Path Identification for Reliability Analysis

Is it possible to perform reliability analysis using System Composer architectures? The analysis function would have to recognize when components are in series or parallel. I've looked through the System Composer documentation and searched online for answers but can't find any.

Let me be a little more explicit, though. Suppose I create a simple architecture model that has 3 components. The last two components are in parallel and they are in series with the first component (see the picture). If the arrows in the picture are equivalent to connectors in System Composer, is there a way for an analysis function to calculate the reliability of the network to be ? The calculation follows probability rules but needs to recognize when a components are in series or parallel based on the connector configuration.