Tyche - RPC Consulting

Type of System

  • Analytics
  • Asset/liability management
  • Capital modelling
  • Catastrophe modelling
  • Data management
  • Economic capital aggregation
  • Economic scenario generator
  • End-to-end ERM or Solvency II solution
  • Exposure management
  • Governance, risk, compliance
  • Internal/external reporting
  • Operational risk
  • Portfolio analysis/hedging
  • Risk Management
  • Reserving solution
  • Spreadsheet risk management
  • Stress testing
  • Tyche is a generic IDE environment

Type of Platform

  • Cloud
  • Desktop-based
  • Server-based
  • Grid

Other Features

The offering facilitates

  • Curve-fitting
  • Least-squares Monte Carlo
  • Solvency II standard formula
  • Solvency II internal model
  • Replicating portfolios
  • IFRS 17

Implementation and Costs

Typical implementation costs:

There is typically no charge for supporting a basic Tyche installation. Where clients appoint us to design and build models, implementation costs vary in line with the scale of the model required.

How long does your software take to implement on site?

Basic Tyche installations takes a few minutes though Grid installations can take longer to configure. Model design and build can range from a few weeks to a few months (or more).

Please name companies that use the system/solution:

We can name a few but many are confidential. Hiscox, Apollo, Partner Re are recent appointments with Hiscox and Apollo gaining Lloyd's model approval recently.