Software Alliance - Mo.net Model Development Studio
Type of System
- Capital modelling
- Economic capital aggregation
- Risk management
- Stress testing
- Asset/liability management
- Data management
- End-to-end ERM
- Solvency II solution
- Internal/external reporting
- Portfolio analysis/hedging
- Reserving solution
- Governance, risk, compliance (GRC)
- front / back office illustrations & calculations
Type of platform
Other features - the offering facilitates:
- Least-squares Monte Carlo
- Replicating portfolios
- NAIC RMORSA
- NAIC Principle-based reserving
- Solvency II standard formula
- Solvency II internal model
- IFRS 17
What are the typical implementation costs?
The vast majority of our clients install the software without any support from Software Alliance, other than by using our comprehensive installation, configuration and end-user documentation.
There are a range of product editions from runtime to enterprise, each with their own specific licence cost.
How long does your software take to implement on site?
New implementations take no more than a few minutes to download, install and activate.
Please name companies that use the system/solution
We have more than 60 successful client implementations around the world, highlighting the fact that Mo.net is entirely agnostic to regional / regulatory reporting environment.
Most recent significant update:
Mo.net 7.4 was released in October 2019 as part of our standard biannual release cycle. This release included a wealth of enhancements and refinements to the Model Development Studio component, with a focus on changes required to support the release of OMC R2 and the first public release of the Excel Model Adapter.
This version also includes additional sample solutions developed specifically for new clients in specific markets – in this case South Africa.
Finally, this version includes a significant update to the application help and support functionality, allowing changes and updates to be deployed between major releases.
Planned future enhancements:
We are planning to deliver a wealth of new features and enhancements to the Mo.net Model Development Studio over the coming months and years. Some of these include the ability to consume our data management and validation functionality as a service, in line with our service-oriented product philosophy.
We are also planning to extend our system integration points to make the deployment of Mo.net into existing enterprise technology stacks even more straightforward.
And we’ll continue to expand our range of country and application specific accelerators and templates, to lower the barrier to productivity even further.
How does your solution integrate with third-party systems or in-house systems?
The Mo.net platform provides best-in-class integration with enterprise systems, whether running on-premise, in the cloud, or in a hybrid environment.
This includes systems as diverse as business intelligence platforms, finance systems, BPM / automation applications, websites, policy administration systems, and of course data warehouses and data marts.
Our service-oriented architecture means that harnessing the power of user-developed models and calculations is straightforward. This in turn allows models & calculations to be used across the insurance enterprise, beyond the actuarial department, and supporting our overall vision of Mo.net as the calculation hub for insurance.
What is the key attribute of your product(s) that differentiates it from your competitors?
Integration, as noted above is perhaps the most differentiating attribute of the product, however, we also offer best of breed governance and control, performance, and ease of use. If you can develop a model in a spreadsheet, then you can develop a model in Mo.net.
Mo.net - The Service Oriented Financial Modelling Platform Powering the Next Generation of End-to-End Insurance Modelling