Insurance companies are challenged by rigorous regulation and out of date technology that serves its implementation. This effects the companies profit due to extensive manual / linear models used. At RemitRix we help Risk Managers, Actuaries and CFOs at insurance companies to manage and predict capital through compliant, accurate and cost saving methods. We are doing so by unifying and automating area’s of modelling, projections and reporting, both on the assets and liabilities side combined, all through a B2B cloud based solution. UNIQUE SELLING PROPOSITIONS: Automated - Risk and regulatory reports are generated in minutes with a click of a button Accurate - Optimized balance sheet using ML-based models, advanced stochastic modeling, and modular scenario generators Agile - Modular risk reports generated in minutes with unmatched filtering and sharing capabilities Unified - Both the IFRS 17 and solvency II regulatory reports run on the same database Holistic - Fully consolidated view of assets and liabilities, reduces knowledge gaps, improves risk-actuary coordination Effortless and Affordable - content: Quick and easy implementation, substantial savings in time, human resources and IT WHO CAN USE IT - Risk managers - Actuaries - CFOs - Investment and portfolio managers OUR SOLUTIONS: Flexible Input System - Assets - Liabilities - Market Data Risk Management - ESG - Economic Scenarios Engine - ALM - Assets Liabilities Management - VaR - Value at Risk - Optimisation and efficient frontier Solvency Capital Requirements - Actuarial Machine Learning Models - SCR engine - Standard Model - SCR engine - Internal Models - ESG What if Scenarios Engine - Optimisation (EBS) - QRT reports - SFCR reports - EBS (Economic Balance Sheet) IFRS17 - Grouping of contracts - Identification of onerous contracts - BBA, PPA and VFA models - Risk Adjustments (COC, VAR, and CTE) - Discounting (Top-Down and Bottom-Up) - CSM allocation