Wise to the system
The purchase of a computer system can be one of the most crucial resource decisions that an insurance company or pension fund makes. The first Life & Pensions software and technology directory investigates the purchasing decision-making process
Modern systems can cover everything from electronic record keeping, to process automation, to the embodiment of an organisation's business strategy and capital management. While some systems simply digitise or automate what was already there, such as policy or pension account administration, others enable whole new processes to take place, like 1,000 step Monte Carlo simulations of entire asset or liabilities portfolios for stochastic measurement of embedded value and forward planning. Much
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