Dynamo Analytics - Psicle
Type of System
- Business Planning
- Capital modelling
- Data management
- End-to-end ERM
- IFRS 17 solution
- Internal/external reporting
- Reserving solution
- Solvency II solution
Type of platform
Other features - does your offering facilitate
- NAIC Principle-based reserving
- Solvency II standard formula
What are the typical implementation costs?
Our licensing fees are competitive and relate both to the scope of use and the number of users required. Clients often employ our subject matter experts to assist with the design and build of automated models within Psicle, with costs correspondingly aligned to the scope of the engagement and the targeted level of automation.
How long does your software take to implement on site?
Installation of the Psicle software and server, either on-premise or in the cloud, is often completed within as little as a day. Where we are engaged to undertake both the design and build of models on behalf of a client, timeframes will be linked to the scope of the engagement, ranging from as little as three months with some of our current clients, to multiple year durations for global transformation programmes.
Please name companies that use the system/solution
Psicle is a market-leading actuarial and finance transformation platform that has been adopted by some of the largest insurance firms in the UK and internationally, spanning general insurance, personal and commercial lines, London Market, and health, currently with over 25 insurers licenced. We are increasingly seeing appetite from firms of all sizes looking to industrialise their business-critical processes, including reserving, Solvency II, IFRS 17 modelling, business planning, and more. For reasons of confidentiality we cannot disclose our detailed client list.
Psicle, the automation platform from Dynamo enabling you to integrate business-critical modelling into decision-making.