SunGard Releases Actuarial Modelling Solution

SunGard has announced the launch of iWORKS Prophet Enterprise, a new edition of SunGard’s actuarial modelling system, which helps insurance and other financial services companies meet their reporting responsibilities and enhance risk management. Prophet Enterprise adds a separate production control framework to help customers improve the performance, scalability, control, and auditability of their actuarial modelling. The product also will help customers to rationalize hardware and IT support costs while reducing actuaries’ administrative data work so they can concentrate on actuarial work.