Type of System
- Capital modelling
- Data management
- Internal/external reporting
- Reserving solution
- Stress testing
Type of Platform
Most recent significant updates:
ResQ 4.1 was released in June 2018
Planned future enhancements:
Extension of reporting capabilities, IFRS17 (allocations, GMM, PAA etc), data exporter, Mack's Additive method, expense reserving
The offering facilitates
Integration with third-party or in-house systems?
ResQ has a programmatic interface, so you can integrate it with pretty much any other system. Bespoke applications can be built with an ability to take data from external sources and put them into ResQ as well and taking them out of ResQ. It also has an integrated scripting solution.
ResQ also has the ability to be built into workflow tools, and has bespoke integration features for use with Willis Towers Watson's automated process workflow solution, Unify.
Implementation and Costs
Typical implementation costs:
None. ResQ is desktop software: just install and run.
How long does your software take to implement on site?
Varies greatly depending on way a client wants to integrate it into their current processes.
Key attributes of product:
Powerful data management, unparalleled modelling flexibility, comprehensive integration options and strong governance.
Please name companies that use the system/solution:
ResQ is used by over 350 companies worldwide.