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FIS ranked No. 1 on the Chartis 2019 RiskTech100® and category award winners in Insurance and IFRS 17Learn more
Find out what complexities we have to consider when adopting the Premium Allocation ApproachLearn more
FIS have released updates to the Prophet libraries to support IFRS 17, US GAAP long duration targeted improvements and moreRead more
Find out what complexities we have to consider when adopting the Premium Allocation Approach.
The 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.Prophet Control Centre is specifically designed to control
Prophet Assumptions Manager helps companies simplify and more effectively control the assumptions management process that feed critical values into Prophet.
Prophet GI is FIS' new risk modelling solution for general/P&C insurers, consisting of capital modelling and reserving applications.
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.
The Prophet Results Database Module loads your Prophet results into a Microsoft SQL Server database.Key points include:
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.
Prophet incorporates a number of actuarial libraries which hold the variables, actuarial definitions and formulas which define the calculations you need to make.