Prophet Enterprise Platform
The Next Generation Risk Management Platform for Insurers, Prophet combines advanced actuarial modelling with a powerful production platform.
Volatile financial markets and changes to solvency regulations are driving the need within insurance companies for robust Enterprise Risk Management (ERM) systems. Increasingly more complex actuarial modeling techniques are at the forefront of the response. Many risk managers are now building models that look at risk across the entire enterprise and encompass the entire corporate structure across geographic regions as well as product groupings. As these sophisticated initiatives take shape, it has become essential that a comprehensive risk management technology platform play a crucial role in the overall strategy.
At the heart of an effective risk management platform, insurers must have sound strategies for modeling, categorizing, quantifying, and analyzing the full range of risks. Such platforms must build models that support the whole enterprise, as well as automate and facilitate complex run-time processes.
SunGard has taken iWorks Prophet, one of the world’s leading actuarial modeling systems, and invested in moving from a desktop actuarial tool to an enterprise technology platform which will support insurers’ ERM needs. The new platform is available today and will provide you with the foundation for a complete risk management solution.
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