DecisionMaker Rating Enterprise customers can now minimize overhead associated with a conventional IT infrastructure and quickly capitalizing on capital IT investments while having an IT infrastructure available to them that is capable of supporting virtually unlimited growth, a DRC news release argues. In addition, the DRC source asserts, DecisionMaker Rating customers will be able to respond to market events and rate changes quickly, reducing their time to market for new products. Carriers using DecisionMaker Rating can now create multiple cloned environments with minimal down time, according to the vendor.
DecisionMaker Rating Enterprise customers can also utilize the capacity of cloud technology to provide capacity to quickly perform "What If" analysis utilizing the DecisionMaker Analyzer toolset, says DRC.
Analysts can obtain results to a book of business of a proposed change to a rate plan in a much shorter timeframe by only obtaining additional computing capacity as it is needed. This approach simultaneously lowers IT investment while increases responsiveness to increasingly volatile market conditions, the vendor claims.
"With this latest development from our DecisionMaker Rating product team, we are able to build on our commitment to improve the way our clients are able to do business using the latest in technology," comments Karen Yamamoto, executive vice president, DRC. "By architecting DecisionMaker Rating to be deployed on cloud networks, it furthers our efforts to provide solutions that run at the speed of business."
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio