The challenge
Growth is good, but the fragmentation and inconsistency that’s often caused by M&A activity—or even organic growth—can put a drag on future expansion.
Companies in this situation usually have too many different models, used for too many different purposes, all scattered across the organization. The net effect is poor model control, diminished governance, and inefficient production processes.
To get back on track and enable continued growth, these organizations are often urgently looking to:
- Consolidate models and systems into a single platform
- Get more control over the environment
- Restore better governance
- Plan for continued growth
If you’re in a large company experiencing rapid growth—or even an enterprise just grappling with multiple business units and a broad portfolio—you might have found yourself saying things like:
"The larger our company becomes, the more complex our issues get."
"Our valuation teams are spending a huge majority of their time just on ensuring compliance."
"There’s no clear trail of who has changed what and when, so we’re unprepared for audits and reviews."
The approach
The Integrate platform has helped many organizations control these issues and enable continued growth, with an approach that helps:
Consolidate sprawling processes and systems
Integrate can help bring together models and systems onto a single cloud-based platform with high-speed processing, efficient data management, easy access, and consolidated processes.
Take control of production processes
With Integrate, the system and all models reside in a highly secure, controlled environment. All actions are logged, changes are versioned, everything is auditable, and production results are reproducible.
Make better use of human resources
Through workflow automation and simplified governance, Integrate can help free up skilled actuaries from data work onto more high-value activities, such as better ALM analysis, more strategic decision-making, and developing new products.
The solution
Integrate Three is the right platform for companies trying to get the side effects of growth under control, so they can build a more stable and scalable system to enable continued expansion.
Typical outcomes for a company moving to Integrate Three include:
Greatly streamlined systems
Integrate Three can vastly reduce both processing times and the overall number of models and processes.
Better calculations
Our best-in-class actuarial calculation engine improves pricing, modeling, and valuation accuracy with built-in base functionality plus the ability to customize.
Improved workflow management
Integrate Three can enable many different applications to be set up as batch processes, easily automating thousands of scheduled projections and greatly simplifying large-scale, ongoing model runs.
Increased competitiveness
Even smaller companies are now pushing to increase production speeds, automate manual processes, and assist decision-making with more detailed analytics, and these areas are absolutely critical for larger companies that want to maintain or increase competitiveness and market traction.
Demonstrable ROI
Moving to Integrate Three has consistently generated significant ROI. One implementation generated a savings of three times the project cost after three years.