Exceed expectations of transparancy and service.
Increasing possibilities to compare, social pressure and the need of consumers to handle affairs themselves, the expectations on transparancy and (digital self-)service increase.
Respond to market developments and legal opportunities with an appealing product portfolio.
To survive in the present marketplace life insurers and pension funds must act on market developments and legal opportunities to create an appealing product portfolio.
This means that financial organizations must have grip on the product knowledge and the legal requirements to which their products have to adhere and the way in which they are delivered.
The IAM4 RM suite documents all relevant product knowledge with associated legal requirements in one coherent product / knowledge model.
With this the product specifications are Interpreted, Analyzed and Modeled (IAM) in one environment. Changes in product policy or new legislation become manageable and need to be changed in only one place. Through deep traceability from specifications back to product texts and expert decisions it is always clear on where the knowledge is derived from. Besides that the knowledge is accessible for all stakeholders.
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