Technology Guide 2013-14: vendors react to Solvency II delays

Both users and vendors of risk management systems have faced difficult decisions as a result of the further delay in Solvency II implementation. We look at the opportunities and problems created by this and issues such as: do faster systems have to be more complex, as well as more expensive, and will vendors offer more transparency into their models?


Low-cost modelling platform claims "ground breaking" computation speeds

Marriott Sinclair's Tyche takes advantage of parallel processing


Zurich migrates Prophet system to cloud

Will use SunGard's hosted service


LV= to grow actuarial team by 20%

Recruitment drive follows restructuring of life and general insurance teams


Phoenix breathes new life into its actuarial systems

The UK closed-fund consolidator has replaced its myriad modelling systems with just one, in a huge three-year project that is said to have been on time and on budget. For Phoenix, the project was not only operationally necessary; it was a strategic imperative. InsuranceERM explains


Prophet to interface with GEMS

SunGard's modelling software connects with Conning's economic scenario generator


Pro Insurance recruits Wildemann from SunGard

She will lead Pro's global actuarial consulting practice


Data governance is vital focus for industry

London conference will address issues around data management and the demands of Solvency II


Unum opts for SunGard's software

Will implement iWorks Prophet Professional and Prophet Enterprise


SunGard updates Prophet with analytics and tables modules

Developments should help insurers realise value from Solvency II