Software Suite

Simplifying the complexity of actuarial, regulatory
and risk-based requirements

R³S is a software solution for financial, risk and actuarial analysis. It is designed and delivered to help companies meet their need for a more realistic and granular modeling in financial analysis and regulatory compliance.

By using a single software suite, a consistent set of calculations, models, approaches, processes and skills can be used to improve on the granularity, accuracy and speed with which information and metrics can be produced and presented.


Decorative

R³S Modeler

R³S Modeler is the latest generation actuarial software designed for all types of actuarial and risk modeling.

With many regulations and reporting standards taking a principles-based approach, flexibility, scalability, performance and automation is paramount in deciding what tool to use.

Principles-based regulation such as Solvency II were key influences in the design and evolution of the system. It allows users to build models for product pricing and design, budgeting, statutory valuation, Market Consistent Embedded Value, IFRS 17, ALM, economic capital and Solvency II calculations.

Decorative

R³S Process Manager

Providing the framework for a robust, automated and secure workflow for R³S Models.

Today’s rapidly changing and challenging economic conditions, coupled with an ever more stringent regulatory environment, have created a requirement for enterprise ready, robust, secure and scalable financial modelling solutions.

R³S Process Manager enables users to publish signed-off model executables from the R³S Modeler development environment to a security-enhanced web server where they can be safely prepared, managed, and scheduled alongside data, assumptions and report management. Hence, the end-to-end process can be fully controlled.

Decorative

R³S Toolkit

Simplifying the integration of your R³S process in a production workflow.

With the increasing focus on risk management through regulation such as Solvency II, reporting standards such as IFRS 17, and IT compliance standards, the way that business critical modeling systems are used, managed and deployed within an organisation has come under greater scrutiny.

The R³S Toolkit enables users to build their own interfaces and dashboards so that they can run models, or embed the running of models, in other applications to provide flexibility in controlling these processes.

Decorative

R³S Development Manager

Providing an intuitive way to work collaboratively.

Managing model changes and providing accurate records to satisfy audit requirements is becoming more difficult. Multiple users need to access the same core business models at the same time. Model development can quickly become chaotic and disorganised resulting in source code conflict, model inconsistencies, and potentially model errors.

R³S Development Manager is a source control system for model development enabling multi-user development of models and their storage in a central repository with a version history of changes in the models.

Model Packages

Reducing total cost of ownership and cutting complexity

Decorative

R³S Life Standard Code

Simplifying the complexity of actuarial, regulatory and risk-based implementations.

Whether starting out with a new software system, developing and pricing new products for launch or implementing new regulations, building accurate and realistic models as quickly as possible is a common requirement.

To complement the modular design of R³S Modeler, the R³S Standard Code is primarily a collection of modules known as building blocks. These are relevant to most markets and can be fitted together to form assets, liabilities, products and calculation routines. Designed to ensure that the code is fully modular and extremely flexible, the building blocks are collections of common calculation routines, such as probability calculations, that interact with one another seamlessly.

 

R³S Non-Life Standard Code

Simplifying the complexity of actuarial, regulatory and risk-based implementations.

RNA Analytics has extended its established expertise in risk modeling and data management to the non-life industry with R³S Non-life Standard Code.

R³S is the brand name of our software suite and R³S Modeler is an actuarial modeling software platform that enables users to build their own model. It comes with an extensive library called Standard Code for various calculations and processes.

 
Decorative

R³S Solvency II Package

Simplifying the complexity of the Solvency II regulatory requirements.

The R³S Solvency II package includes a comprehensive Standard Formula solution and example processes and approaches for developing partial or full internal models or the forward-looking assessment of own risk (FLAOR) requirements.

For insurers seeking a cost-effective way to comply with Solvency II. Designed for speed and quick deployment, this solution includes a template capital model that can be adapted to suit business requirements and a model that aggregates the risks and produces the metrics for the Solvency II quantitative reporting template (QRT) reports.

 

R³S IFRS 17 Package

Simplifying the complexity of IFRS 17 with R³S

The R³S IFRS 17 package provides an out-of-the-box solution to the portfolio-level calculations of balance-sheet and profit-and-loss values required under IFRS 17. These IFRS 17 portfolio-level calculations use a defined set of cash flow model inputs, which can be taken from any underlying source, including from R³S Modeler results for maximum automation.

For insurers who want to benefit from best-practices and innovative solutions which compliment existing IT infrastructure. With the flexible modular framework developed, insurers establish end-to-end reporting processes and interoperability between systems.