Financial reporting in insurance companies
msg.Ilis
msg.Ilis is standard software that optimises financial reporting for life insurance companies.
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msg.Ilis stands for ‘Insurance Liability Information System’ and is standard software designed to optimise financial reporting within life insurance companies. msg.ILIS delivers a centralised data storage framework where information required for all types of projections can be managed – up to date, in high quality and audit-proof. msg.ILIS accesses the services of the policy management systems directly, eliminating the need to input product data and implementations more than once.
- Product knowledge is made easily available for forecasts
- Audit-proof data management for all types of forecasts
- Upgradeable standard software is a future-proof and safe investment
- Compatible with all policy management and forecasting systems
- Increased efficiency, automation, improved forecast quality
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Centralised data storage and process control -
Direct access to the services of policy management systems -
Integrated cluster-based policy compression -
Technical and functional plausibility-checking for data -
Easy to adapt to specific customer requirements -
Gradual addition of proven projection tools
msg.Ilis is implemented in JEE technology and meets all of the criteria of a modern IT system. The solution is closely linked to msg.Life Factory, although it can also be operated as a stand-alone system with other policy management systems.