Benefits
Speed
Eliminate the need for inaccurate short cuts and assumptions, such as the use of model points and curve fitting, through unparalleled computational power (GPU's) and scalability. Kyobo Life*
Big Data Enabled
PathWise easily handles the largest insurance portfolios and has been tested to load 200+ million policy holders in a single run for IFRS 17 purposes.
Cut Costs
Decrease costs by streamlining complex and error-prone processes through the power of a single integrated and automated enterprise business platform designed to assist valuation, pricing, hedging and ALM, which includes scenario and report generation, and big data warehousing. Standard Life case study*.
Transparency
Enhance risk management by examining all model logic, the order of calculations, past revisions, and all intermediate results in a transparent and intuitive model repository environment.
Flexibility
Adapt rapidly to the latest regulatory and reporting requirements and shorten the cycle for new product development in a flexible and fully customizable enterprise risk management system.
Controls
Integrated version controls of models, scripts and data, powerful set of user rights controls and configurations, along with cutting technology which is built on ‘write once and target often’ software, and powerful orchestration layer to control and configure Develop / Test / Production environments, and promotion tools.
Efficiency
PathWise can help clients reduce the need to add extensive staff and consulting professionals as they prepare for the new regulatory and accounting requirements of IFRS 17.