One of our latest product is the Benefit Illustration engine. This is completely cloud based solution and can be scaled up as and when necessary. Like during the peak load times of financial year ends.
The engine is build ground up with complete compliance to IRDA Guidelines. Our actuarial team keeps tracks IRDA releases, and makes sure the engine is ready for new compliance requirements even before the requests are made by the insurers.
Our actuarial team, has build a great knowledge repository of most commonly used Actuarial and Financial functionalities and set ups. The engine can then be configured quickly by cherry picking the functions and steps. The system is capable of producing embeddable HTML, callables RESTful APIs or ready to handover PDFs.
Being a cloud based solution, the system can be up and running within a span of 7 days.