Milliman - Milliman Economic Scenario Generator
Type of System
- Economic / risk scenario generator
- IFRS 17 solution
- LDTI solution
- Pricing
- Solvency II solution
- Stress and scenario testing
- Climate risk management
Type of platform
- Cloud
- SaaS
- Web-based
Other features - does your offering facilitate
- Curve-fitting
- LDTI
- Least-squares Monte Carlo
- NAIC Principle-based reserving
- NAIC RMORSA
- Replicating portfolios
- Solvency II internal model
- Solvency II standard formula
What are the typical implementation costs?
For most cases, there is typically no implementation cost as the Milliman Economic Scenario Generator is delivered as a SaaS with an intuitive and user-friendly web interface. Bespoke implementations using the integration-ready API of Milliman ESG can be done within weeks to a few months. Implementation costs will depend on the integration level of Milliman ESG required by the client.
How long does your software take to implement on site?
Milliman ESG is a Software as a Service (SaaS) solution based on a secured interface between a website and a calculation engine hosted in Microsoft Azure Cloud. As a result, the solution is readily usable limiting implementation work. In addition, we assist our clients to set up their modelling framework (choice of the risk factors, choice of the models, etc.) and to develop approaches adapted to their needs.
We also offer a turnkey economic scenario delivery service, from data sourcing to scenarios validation, meeting technical and regulatory requirements, to help our clients control their solvency and manage their risks, while reducing the operational constraints of in-house production.
Please name companies that use the system/solution
Milliman ESG is used by various clients worldwide with specific needs and requirements. See below how Milliman ESG is helping businesses globally.
Do you have an open API?
Milliman ESG provides a comprehensive REST API for optimising large-scale economic scenario generation within third-party or in-house systems. This API can be integrated with any operating system and is compatible with any programming language through HTTPS requests
Contacts
Email: [email protected]