Thursday, February 23, 2012
Prepared Solutions - proven processes ready right now
To help our clients deploy working solutions quickly, we have a library of prepared solutions for common industry processes. These prepared processes are based on solutions that have been developed using the SolveXia service and are deployed and operating in industry today. When clients seek to automate and improve one of these processes, we  take the prepared processes and copy it as easily as you might copy a file on your PC. It is then a matter of making adjustments to fit your specific organisation. This means we can get you up and running with a mature and proven business process more quickly, and at less cost, than any other alternative.

Below is a list of our prepared solutions that you can choose from today. 
  Securities Exchange Regulatory Reporting
For organisations who must report to the local stock exchange, this process helps manage the collection of data files, manipulation and calculation of key rule balances and the communication and approval of final results within their organisations, before it is submitted to the exchange. This is currently being used to deliver the "Schedule 1A" reporting requirements to the Australian stock exchange (ASX).

Margin Lending Credit Reporting
Reporting on client credit provides critical information to senior management regarding their loans under management. In a rapidly changing and turbulent market it is vital that management have access to the most current and accurate data on-demand so that they can immediately identify risks and act upon them. Being able to see summarised concentration and client exposure, along with gearing ratios at the end of each day is an essential service for professional margin lending businesses, and this process solution delivers precisely that.
Banking and financial services Management Reporting
It is absolutely critical for senior banking management to have access to key performance information that gives evidence of the financial wellbeing of the business. Reports must be accurate and produced on demand so that management can proactively monitor the business, identify the risks and take appropriate action. This pre-prepared process is delivering this sort of reporting for banking clients today.
  Travel Industry Management Reporting
Travel agencies are at a disadvantage when dealing with airlines. They cannot accurately check revenue figures and hence commissions paid by the airlines. Due to the tiered nature of some commission structures they may miss out on a higher tier of commissions by a small amount of revenue which is only discovered when it is too late. This makes it difficult for travel groups to maximise their commission income. This process creates management reports based on the raw IATA data files, helping the travel agency optimise revenues, negotiate from a position of knowledge with airlines, and better manage their business.
  Life Insurance Actuarial Projections
Regulatory and management pressures require actuaries to produce valuations, projections, capital calculations and other work products in shorter time frames and with greater frequency. Regulatory requirements such as Solvency II are increasing computational and audit requirements dramatically. SolveXia addresses these issues by providing a system that allows users to create end-to-end automated actuarial processes which include running their actuarial projections on large numbers of cloud computers. The processes start with data from administration and accounting systems which is then cleaned, combined and converted to the appropriate format for feeding into an actuarial projection system such as MoSes from Towers Watson.
  Life Reinsurance Premium Calculations
Reinsurance premium calculations can be deceptively simple on the surface but are often complex due to varying cover limits, cut-off dates and levels of aggregation required for the calculation of retentions.Staff who are carrying out reinsurance functions, including the calculation of reinsurance premiums, are subject to ongoing time pressures resulting in greater human error risk, job dissatisfaction and reduced time for analysis and communication of results. SolveXia allows users to create an end-to-end process for automated reinsurance calculations and the reporting of the results. Source data files including benefit extracts, reinsurance parameters such as premiums rates, retentions and mapping tables, in various formats including Excel, Text/CSV and Microsoft Access, are copied to the process and manipulated to calculate and track premiums for all reinsurers

 

Can't find what you're looking for ?

Not all of the processes we automate make it onto the list of prepared solutions. Being a powerful and versatile platform, SolveXia is used to automate a wide range of business processes - not just the ones in the list above. Interested in understanding the other types of solutions we automate ? Please take a look here to see what other processes types we can automate and deliver

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