Tyche is a graphical development environment based on a flowchart programming paradigm, the Flowgram™.
The underlying calculation engine, Tyche engine, is our "state of the art" grid parallel analytic engine offering unparalleled speed and data connectivity. The rich and open API's lower operational expenses and facilitate interfacing with your existing on premise or cloud infrastructure.
Tyche's flexibility and remarkable speeds helps non-life and life insurers across their modeling platforms, including capital, pricing, reserving, life cashflow modeling, economic valuation, risk and data cleaning.
The key benefits of Tyche are
- Intuitive model design and simplified actuarial modeling as a result of our easy-to-use Flowgrams and T# language
- Testing demonstrates that Tyche consistently beats competitor software on usability and performance from small to very large (multiple TBs) models
- Improved performance through modern CPU capabilities and seamless distribution of stochastic calculations over a grid (“Hive” technology)
*Tyche was named by InsuranceERM as Actuarial Modeling Solution of the Year 2020.