Enterprise Risk Management Technology Guide 2022

Software Alliance - Mo.net Quotations Service

Type of System

  • Analytics
  • Asset/liability management
  • Capital modelling
  • End-to-end ERM
  • Front / back office illustrations & calculations
  • Governance, risk, compliance (GRC)
  • IFRS 17 solution
  • Internal/external reporting
  • LDTI solution
  • Portfolio analysis/hedging
  • Reserving solution
  • Solvency II solution
  • Stress testing

Type of platform

  • Cloud
  • Desktop-based
  • SaaS
  • Server-based
  • Web-based

Other features - does your offering facilitate

  • Curve-fitting
  • Least-squares Monte Carlo
  • NAIC Principle-based reserving
  • Replicating portfolios
  • Solvency II internal model
  • Solvency II standard formula

What are the typical implementation costs?

The Mo.net Quotations service allows any user developed model or calculation that has been published, to be consumed on demand (policy by policy) by any consumer application – typically a customer / IFA-facing website, mobile application or back-office administration system.

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 take no more than a few minutes to download, install and activate via our website.

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 includes a number of enhancements to improve performance and flexibility of the product in highly distributed modelling & 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. The 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

What trends are you seeing in terms of customer demand?

Operational Modelling – clients want an operational modelling solution which has the flexibility to allow data and assumption changes. As well as the ability to produce results on updated model versions without making custom changes to the system, but maintaining control and governance over model code and inputs. We can meet this demand with our Operational Modelling Centre.

Conversion and rationalisation of spreadsheet (and legacy) modelling – customers often have long-standing spreadsheet models that have far outlived their original purpose and would be much better suited as models within a well-controlled and governed modelling platform. Our Excel Model Adapter is designed to convert these spreadsheets quickly and easily into such models, therefore speeding up and simplifying the process.

IFRS17– there is demand for a modelling platform that can be flexible enough either to be used to produce end-to-end IFRS17 reporting metric calculations, starting with the valuation at policy level or to enable companies to load in cashflow data and carry out calculations at cohort level.  The open, loosely-coupled, service-oriented architecture of the Mo.net platform, together with its industry-leading performance and integration features, makes Mo.net a genuine alternative to legacy financial modelling platforms when responding to the challenges of IFRS 17.


Mo.net - The Service Oriented Financial Modelling Platform Powering the Next Generation of End-to-End Insurance Modelling