SunGard’s iWorks Enterprise Risk Management framework is a comprehensive suite of solutions and services designed to help insurers implement Solvency II best practices. It includes iWorks Prophet Enterprise, an enterprise-wide actuarial production environment providing security and control as required by Solvency II, as well as iWorks Prophet, an actuarial modelling solution and risk aggregator, providing the risk measurement tools to support Solvency II calculations.
With SunGard’s Prophet Enterprise solution, Liberty Life now has a server-based infrastructure that offers faster run times, scalability and decreased key-man risk.
Implemented at Liberty Life in 2008, Prophet Enterprise has delivered significantly improved controls, greater process efficiency, faster run-times and numerous other benefits.
Read about their success here.
To see a video of David Jewell from Liberty Life talking about the benefits of Prophet Enterprise, click here.