Green13 Solutions - Iris Actuarial Platform
Type of System
- Analytics
- Asset/liability management
- Capital modelling
- Data management
- IFRS 17 solution
- Internal/external reporting
- Pricing
- Reserving solution
- Solvency II solution
- Spreadsheet risk management
- Stress and scenario testing
- Business planning
- ORSA
- bulk annuities
- stochastic modelling
Type of platform
- Cloud
- Desktop-based
- Grid
- Server-based
Other features - does your offering facilitate
- Solvency II standard formula
- Generative AI-assisted modelling
What are the typical implementation costs?
Costs of implementation are influenced by the project's scope and local market factors, and are established through agreements between our partners and the insurance companies.
We find that clients consistently find the licensing costs and cost of implementing Iris to be highly competitive. This advantage is a direct result of the platform's flexibility, rapid deployment capabilities, and comprehensive visibility of results throughout all stages of implementation, offering superior value and efficiency.
How long does your software take to implement on site?
Iris is designed for quick and straightforward implementation. The installation process is as easy as "unzip and run," allowing new users to set up the software within minutes. Following a brief training course, users are equipped to begin creating sophisticated cash flow models in just a few days.
Our system boasts robust tools for data transformation, quality management, and reporting, all integrated into a complete end-to-end process. Iris efficiently handles calculations for multiple-shock scenarios and IFRS17 compliance, streamlining the creation of complex financial results.
Please name companies that use the system/solution
Iris is the chosen actuarial platform for a diverse and growing user base, including:
- Utmost Europe
- Three international consultancies, leveraging Iris both for in-house use and for actuarial outsourcing, including members of the big four accounting firms.
- Numerous consultancies across Africa, the European Union, Asia, and North America.
- A variety of direct clients in the EMEA region, featuring major insurers in Africa and the Middle East.
We anticipate significant growth in our user community over the coming year.
Do you have an open API?
Iris features an open API and a suite of utilities that facilitate no-code orchestration of tasks across data management, connectors, calculations, and reporting. These functionalities can be accessed via any program that supports command line or web requests, enhancing flexibility and connectivity.
Moreover, Iris supports the integration of external code, including Python, R, C#, VB.net, Node.js, VBS, and command line/batch scripts, allowing users to seamlessly incorporate external processes into Iris workflows.
Enhancing its versatility, Iris includes the Iris-Tools add-in for spreadsheets. This powerful tool enables users to leverage the Iris engine directly within spreadsheets to update, run models, or handle large-scale data queries—managing hundreds of millions of records and tens of gigabytes of data with the simplicity of spreadsheet functions.
Contacts
- www.green13solutions.com;
- [email protected];
- [email protected];
- [email protected];
- [email protected]