How the platform works
One pipeline to all parties. You can add or change providers with ease. We assess your IT needs and manage the on-boarding project for you. Faster time-to-market and reduced operational costs. The legal framework is equally streamlined, resulting in a simplified, manageable hedge agreement between you and your hedge provider.
Onboarding process
The onboarding process is simple. We come on site, perform a gap analysis and establish a project plan with you.
System integration and platform set up is followed by the test phase. We then ‘go-live’, and the team are here to support you thereafter.
Who does what?
Insurance company
- Product design
- Product marketing
- Product distribution to retail
- Regulatory reporting
Quantessence
- Product design assistance
- Calculation
- Monitoring
- Analytics
- Provision of data for various participants
- Order management
(with FundSettle or others)
Hedge provider
- Product design
- Provision of the market risk hedge
Platform features
Engine
- Choice of algorithm:
Bespoke or standard - Pre-run validation system
Value
- Increased product flexibility
- Business errors eliminated
Documentation
- Modular set up
Value
- Easy to re-use across products and counterparties
Onboarding support
- On-site assessment
- Agreed project plan
- Controlled project
Value
- Fast time-to-market
Standardised testing
- Library of standardised tests
- Custom tests
Value
- Improved reliability
Neutral guardian
- Administrator monitors operations
- Central depository for documents
- No need for escrow account
Value
- Operational resilience
Open architecture
- Plug and play connections
Value
- Low cost of integration
- Easy access to all participants
Operations
- Continuous data transfer
- State of the art datacentre
- Robust recovery plans
- Highly scalable
- Dedicated support staff
Value
- Lower operational costs
- Lower operational risk
Monitoring
- Dashboards: Operational / Analytical / Strategic
- Customisable dashboards
- PDF reports: standard and bespoke
Value
- Business decision tool
Order system
- STP available
- Routed to Euroclear FundsPlace or to your own provider
Value
- Flawless execution
What-if tool
- Bespoke scenario analysis
Value
- Improved product management
- Behavioural analysis
Big data analytics
- Access your data in a user friendly way
Value
- Business insights
Quality control
- Standardised constraint system
- Bespoke constraint system
Value
- Increased reliability
Rewind functionality
- Frictionless rewind of past customer input
Value
- Improved customer support
For more information or to request a technical demonstration
Get in touch >