Dynamo Analytics - Psicle
Type of system
- Analytics
- Asset/liability management
- Capital modelling
- Catastrophe modelling
- Data management
- End-to-end ERM
- IFRS 17 solution
- Internal/external reporting
- Portfolio analysis/hedging
- Pricing
- Reserving solution
- Solvency II solution
- Life Modelling, Pricing and Underwriting, Business Planning, Banking and Credit Risk
Type of platform
- Cloud
- Desktop-based
- SaaS
- Web-based
Other features
- Curve-fitting
- NAIC Principle-based reserving
- Solvency II standard formula
- Out-the-box templates
Has the product an open API? Yes / No?
Yes, with plans to expand our API functionality to further benefit our clients.
What are the typical implementation costs for your product?
We offer solutions to suit insurers of all sizes and budgets, from out-of-the-box to highly bespoke.
Annual licence fees are typically a function of the scope of use and number of users. Enterprise licensing is available for clients with larger numbers of users.
Our pre-configured end-to-end template models range in complexity.
Our clients value the insight and engagement of our subject matter experts in the design and build of automated models within Psicle, leveraging our vast experience in actuarial and finance transformation. Implementation costs are aligned to the scope of the engagement and the targeted level of automation.
How long does your product take to implement on site?
Deployment of Psicle itself is typically completed in hours, including the deployment of pre-configured templates.
Where our advisory team undertakes the design and build of models for our clients, time frames depend on the scope of the engagement, and range from as little as three months to longer durations for large global transformation programmes.
Please name companies that use the system/product
Psicle has been adopted by 40+ international insurance firms across P&C / general insurance, life insurance, health insurance, banking, credit risk, and more.
Use cases include reserving, Solvency II, IFRS 17, business planning, pricing, life modelling, and beyond.
Please visit our website to see an up-to-date view of our growing client base, including an array of familiar global insurance names, noting not all are listed due to confidentialty:
www.dyna-mo.com/who-we-work-with/
Product summary: Please summarise your product’s key points for re/insurers in no more than 100 words.
Our team fundamentally understands complex, financial modelling processes, and we design functionality that empowers experts.
Key benefits of using Psicle:
- Unrivalled Automation - models run without people, utilising APIs and triggers to initiate processes and produce the first cut of results.
- Release your Experts - enable specialists to focus on value-add activities rather than turning handles.
- AI and Machine Learning - responsible and effective integration augments user decision-making.
- Scalable Cloud Technology - intelligent application of cloud computing and flexible systems integration capability. Seamlessly pull data from and push data to corporate systems.
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