But this needs a lot of traceability of the data provided, without which the numbers are not authentic. Authentic data alone ensure that companies are able to get the right information. Along with the submission of the authentic information to the regulator, a complete traceability of the number given, through multiple dimensions and pre-cursors of the number outcome ensure that Organization is able to have numbers that are 100% dependable. Understanding the IBNR reserve, Claims Outstanding, Payments, Claims Closed, Claims Opened etc.,. together with the pattern of the same with Period, Geography, Product, Segmentation and the trends there of ensure that the numbers are understood well with the right semantics and the behavioral pattern. This forms the basis of the sound Actuarial models, which stays closer to the realities. Be it creating a proper model for claim reserve and also towards the profitable operations companies need to have a clear understanding of their operations and their data reflects it. Credibility of the data & information decide the credibility of the models and the tests. Even there is a subjective aspect of a scenario, still it has to be backed up by Objectivity, a logic and meaning behind the aspects.

There is a huge data in Organizations and data quality issues are a big problem. There needs to be a golden copy of the trustable data for any decision making. Operations happen in multiple ways in different scenarios, ( Eg. Claims Handling, closing, reopening etc.,.). So unless there is a complete traceability of data everywhere, through the years, parties, geographies, damages etc.,.. Companies always operate in a tough spot, accommodating with limited clarity available. iCAST enables you for everything. We give you a trusted data semantically linked up with all the dimensions and completely traceable. The matured process driven approach ensures that the data elements are linked up with all needed processes and the dimensions there of, thus ensuring that there is complete validity and the data is free of discrepancies with any level of tallying in multiple dimensions. And the data insights coupled with the powerful analysis ensure that there is a complete tracking starting from the strategies, scorecards, metrics, their linkups with the targets & benchmarks, trends of the performance in scorecards, detailed dimensional analysis of the cause and patterns for the business outcomes with dimensional analysis and self service analysis on models. These ensure that the domain models that are built remain 100% trustable, backed up with clear visibility and traceability on every atom of data that contributes to the model. Powerful event driven alerts enable the alerting for any discrepancies or problems in operational level . These enabled with a powerful collaboration ensure that there is 100% manageability and control - a actionable intelligence available along with the regulatory reporting needs. This ensure that the solution does not end with the reporting or data level, but remains as a full solution that ensure complete management in the areas related to the Key measures of the regulatory filing.

Now empower yourself, for a highly efficient and correct regulatory filings together with a actionable management, the key criteria thereof. Get closer to realities of business with powerful models and be able to address the un-certainties' and risk. Use the product - tag your years of data with the process, goals, dimensions, business rules etc.,. - have your entire data tell you the complete story of itself, become the Golden copy that is a trustworthy companion for your decision making, performance management and risk mitigation needs.