Users of PillarOne are asking for modelling and more

Imagine an actuary focused on the statistical analysis of granular data, or a CRO in contemplation of the current reinsurance structure and how to improve it. 

Whilst the link to modelling is obvious, the link to more might need some explanation. It is about hassle-free thinking, about a tool ensuring a solid basis to start working on. From the outset, PillarOne has been aimed to fulfil today's actuarial and IT requirements:

• Of course, from the actuarial perspective, any business logic can be implemented and integrated into PillarOne, on the level of granularity as needed.
• From the IT perspective, PillarOne is built from the ground up to be multi-user, client server, and with a database back-end. This architecture allows it to cleanly separate between business logic and models, input parameters and calculation results.

To summarise: PillarOne satisfies the business needs and complies with modern IT
standards. 

• PillarOne offers openly extendable business logic. We have not come across any
  restriction, not even in projects with large global clients modelling highly complex businesses.
• PillarOne provides authorization and authentication on a number of levels: Firstly,
  access to the software and to the models is controlled; and secondly, the
  creation, modification and usage of a parameterization are guided by role-dependent
  work-flows. This addresses the important requirements of audit trail,
  versioning, and process support, and therefore the pillar two of the Solvency II
  regime.
• The advanced logging, model and data documentation and reporting possibilities
  provided by PillarOne make it ready for pillar three of the Solvency II regime.

"Modellling and more" is about bringing together state-of-the-art from two worlds with one goal: to deliver highest user satisfaction. 

Last but not least, PillarOne is even more, it is open source: You have full access to the complete source code. And nobody can ever charge any license fees. Transparency and control are one side, unbeatable low total cost of ownership the other side of the coin – leading to high value for money.

What are your thoughts? Am I preaching to the converted? Get in touch and let me know.