Data simulation engines – Getting the tone right by reducing costly IT anomalies for Insurers
Insurers often work with complex IT systems and come across difficulties from time to time. The business impact of a weak or misunderstood system or IT systems with mistakes that are difficult to identify, quantify and correct cannot be over emphasised. Analytical Simulation Engines simulate the operation of high volume, IT enabled processes and calculations. It replicates the operation of IT systems and the interfaces between IT systems based on defined business rules.