The project RDS+ (Reference Data Service Plus)
It is a solution for Master Data Management (MDM) and is used by all primary insurance and reinsurance companies of the Swiss Re Group. No matter in which line of business worldwide and which of the many Swiss Re Pricing Tools you are working, each insurance policy of the Swiss Re Group is calculated based on data served by RDS+.
Systemorphs IFRS 17 solution
IFRS 17 is the biggest regulatory challenge for the insurance industry to date. It is the first truly international, comprehensive accounting standard for insurance. Furthermore IFRS 17 is a principle-based standard, which means that there are no defined compliance criteria. Even worse, the actuarial calculations on the future estimates of e.g. the Contract Service Margin (CSM) have a direct effect on the balance sheet which is the reason why insurances are super careful whom to work with for implementing this solution.
GLAD (Global Life Actuarial Data) implementation
GLAD System is Zurich´s Life Reporting solution. It is used for group wide Life Reporting purposes. Systemorph implemented the solution at the customer within 9 months and achieved a 50% reduction of cost of operation.
Next level risk management
SIX Group was managing its risk parameters in a non-integrated way with underlying manual business processes. By using the Systemorph platform the management of the parameters was brought to a professional and reliable level.