STAR Solutions VEGA - Milliman

Type of System

  • Data management
  • Economic capital aggregation
  • Governance, risk, compliance
  • Internal/external reporting
  • Risk Management
  • Spreadsheet risk management

Type of Platform

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

Most recent significant updates:

Updated complete set of QRTs, XBRL taxonomy, dashboard module, ORSA calculation (solvency ratio projection at future dates), availability on cloud, automate the production of bespoke reporting, availability on tablets

Planned future enhancements:

National specific templates, ERM module

Other Features

The offering facilitates

  • Solvency II standard formula
  • Solvency II internal model

Integration with third-party or in-house systems?

Vega is compatible with any system.

Implementation and Costs

How long does your software take to implement on site?

Time taken to implement on site: 3-6 months

Key attributes of product:

Vega is the only software on the market with a catalogue of more than 100 standard reports of analysis and comparison for the use of actuarial, financial and top management services within insurance companies. Vega automates the production of bespoke reporting for management purposes, internal communication or/and regulatory requirements (SFCR for instance). VEGA's self-service module allows the user to create dynamic reports, charts and graphs in few clicks in the Web interface. Vega is an intuitive and easily scalable solution. Possibility to add data, indicators, reports and bespoke developments. Vega is low cost licensing and low cost integration.

Please name companies that use the system/solution:

Credit Agricole Assurances, FNMF, Europ Assitance, SCOR