Software Alliance - Mo.net Operational Modelling Centre
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)
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 Mo.net Operational Modelling Centre can be deployed on premise, in a hosted environment, or in the cloud, so implementation costs vary considerably depending on the requirements of the customer.
For cloud-based users, implementation costs are negligible. For on-premise installations, a Software Alliance engineer will usually work with the customer to install and configure the software within a few hours. The cost of the Mo.net Operational Modelling Centre varies depending on the number of users.
How long does your software take to implement on site?
On-premise installations can usually be completed in a few hours. Typical cloud configurations usually take less than an hour.
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:
OMC R2 was released to market in October 2019. This second major release of the OMC included a huge number of enhancements, refinements and new functionality to directly help members of the operational modelling community.
Some of the new features include the ability to run any Windows program within an OMC job, new system reports and the ability for users to develop their own custom reports.
The new features also improve the distribution of work across on-premise or Azure-based worker nodes, and refined job approval and notification functionality.
Planned future enhancements:
Among the wealth of enhancements in the current OMC roadmap are features such as external job triggers and web service endpoints allowing enterprise systems to integrate with OMC, and an OMC Remote Control.
How does your solution integrate with third-party systems or in-house systems?
In line with all other components of the Mo.net platform, integration is one of the cornerstones of the Operational Modelling Centre.
This obviously includes integration with sources of data and assumptions, either in database or file formats, but also integration with a range of enterprise business intelligence, reporting and analysis platforms.
What is the key attribute of your product(s) that differentiates it from your competitors?
The OMC has been designed to specifically address the operational modelling needs of insurance companies. With deliberate segregation from model development activity, the OMC is intended to take the pain out of regular reporting.
The OMC provides best in class governance, audit, flexibility and performance, in a multi-user environment, from any device (PC, tablet, etc) and in any environment (on premise, cloud, etc).
Mo.net - The Service Oriented Financial Modelling Platform Powering the Next Generation of End-to-End Insurance Modelling