Software Alliance - Mo.net Quotations Service
Type of System
- Capital modelling
- Economic capital aggregation
- Risk management
- Stress testing
- Asset/liability 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.
The license fees for the Mo.net Quotations Service vary depending on the number of cores of the host environment.
How long does your software take to implement on site?
New implementations typically take less than an hour download, install, activate and configure.
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:
The latest version of the Mo.net Quotations Service was released in October 2019, as part of our biannual release cycle.
This version includes a number of enhancements to improve performance and flexibility of the product in highly distributed modelling and calculation environments. The primary enhancements have focused around getting the most out of the quotations service when running on relatively modest hardware / infrastructure.
Planned future enhancements:
We are intending to enhance the Quotations Service load balancing services next year to provide customers with alternative load balancing mechanisms, such as least resource / least connections, to maximise quotation performance.
We are also intending to make the Quotations Service available through the Azure Marketplace, to further enhance our cloud services offering.
How does your solution integrate with third-party systems or in-house systems?
The Mo.net Quotations Service is provided as web service accessible via RESTful and WCF / SOAP endpoints, either with or without a load balancer in place.
This allows any third-party or in-house system with the functionality to run any Mo.net model or calculation that has been published to the service. This further demonstrates the best in class integration capability of the Mo.net platform.
What is the key attribute of your product(s) that differentiates it from your competitors?
Enterprise integration, flexibility and performance
Mo.net - The Service Oriented Financial Modelling Platform Powering the Next Generation of End-to-End Insurance Modelling