Prophet 2022 Q1

Find out about the exciting new updates on the model development, enterprise, data and process management applications.

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2021 Q4 Library Updates

Find out about the exciting new updates to the IFRS 17 calculations and toolkit, as well as solvency modernization in the ALS and Summary libraries

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The Insurance Risk Suite Roadmap

Find out about upcoming developments of Insurance Risk Suite products.

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Latest News

Welcome to Prophet 2020 Q2

Find out about the exciting updates for IFRS 17 and US GAAP LDTI, greater model performance.

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Prophet 2021 Q2

Find out about the exciting new updates to model developer experience, enterprise application performance, and data and process management.

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Prophet 2022 Q1

Find out about the exciting new updates on the model development, enterprise, data and process management applications.

Read more

Products

 

FIS Quality Assurance

FIS Quality Assurance (formerly Prophet QA) is a test case management and quality assurance tool designed specifically for use with FIS Model Developer (formerly Prophet Professional) models.

 

FIS Process Manager

The FIS Process Manager (formerly Prophet Control Centre) is a highly configurable end-to-end process automation tool, allowing customers to define their business processes diagrammatically, including user interactions with the end users, and convert those diagrams into running instances of the processes.Process Manager is specifically designed to control

 

Assumptions Manager

FIS Insurance Risk Suite's Assumptions Manager helps companies simplify and more effectively control the assumptions management process that feed critical values into the FIS Insurance Risk Suite (formerly Prophet).

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FIS Insurance Risk Suite - GI Edition

FIS Insurance Risk Suite – GI Edition (formerly Prophet GI) is FIS' risk modelling solution for general/P&C insurers, consisting of capital modelling and reserving applications.

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FIS Data Conversion System

FIS Data Conversion System (formerly Prophet Data Conversion System) Before any modelling process is run, the necessary data, in the form of tables or model point files, must be collected and formatted.

 

Flexible Results API and FIS SQL Connector

The Flexible Results API provides the ability to query results when using the FIS Flexible Results module.

 

FIS Experience and Rating Manager

FIS Experience and Rating Manager (formerly Glean)Self-Assessment regimes like Solvency II in Europe, and the US ORSA place a lot of emphasis on experience analysis as a tool to both generate and validate assumptions.

 

FIS Insurance Risk Suite Libraries

FIS Insurance Risk Suite (formerly Prophet) incorporates a number of actuarial libraries which hold the variables, actuarial definitions and formulas which define the calculations you need to make.

 

FIS Enterprise Manager

FIS Enterprise Manager 2019 Q2 new licensable features include:

 

FIS Model Developer

FIS Model Developer (formerly Prophet Professional) is an integrated suite of actuarial systems used primarily by insurance companies to perform actuarial calculations including profit testing, projections, reserving, asset liability modelling, stochastic modelling and risk management.

IFRS reporting

The International Accounting Standards Board's (IASB) new accounting standard represents a significant step forward in reporting for insurance contracts and will require changes to existing systems and processes.

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US GAAP LDTI

Flexible, transparent technology versus a precise, controlled black box.

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Advanced Modelling

Under the latest risk-based reporting regulations, companies are required to perform multiple interacting projections to meet their regulatory requirements.

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Proxy Fitting

The rise of risk-based solvency regimes has prompted insurers to look for actuarial modelling solutions that are capable of being recalculated a large number of times in order to examine the impact of stressing particular assumptions or investigating a range of scenarios.

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Enterprise Risk Data Management

Regulators and insurers’ own management are constantly demanding more information on risk and how it is being managed.

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Managed Cloud Services

Insurers are facing increasing pressure to maximize the value they can extract from their actuarial models.

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