In development – to be released in 2022.
The Tyche Reserving System (TRS) automates the reserving process by delivering the tasks and calculations for local GAAP, SII and IFRS17 reporting in a single end-to-end system, at the touch of a button. The rich and open APIs allow to connect to most internal and third-party systems. Examples include the capital model, claims system, accounting ledger, QRT solution or Power BI or Tableau.
Key benefits of Tyche Reserving System:
- It is an end-to-end reserving solution enabling clients to streamline the reserving process for faster reporting timelines, allowing for more time to spend on value-add analysis
- Comprehensive out-of-the box functionality with the ability for clients to build customized models and functionality
- Reduces operational risk and increases operational efficiency through an enterprise grade system with full & real time data capture, web-based customizable interface, open API to connect with third-party systems, version & user control