As part of its unified enterprise insurance solution strategy, SunGard has launched iWorks Enterprise Financials, a business intelligence tool that gives insurers the ability to transform raw financial data into actionable insights and timely analysis for investments, risk and compliance. Delivered as a cloud-based service, iWorks Enterprise Financials helps chief investment and financial officers make better, more informed business decisions while achieving smarter operations.
“Insurers are seeking better ways to improve investment returns, qualify and manage risk, adapt to changing regulations, and improve efficiencies and profitability. SunGard’s iWorks Enterprise Financials helps C-level executives gain greater insight into risk, future income streams, and potential returns by turning massive amounts of data into a usable asset that helps drive business decisions and actions in a timely manner.” – John Vercellino, vice president, product management, SunGard’s iWorks Financials insurance solutions
“With iWorks Enterprise Financials, I'll be able to use business intelligence tools that will allow me to quickly see how my investment portfolios are performing, where we have critical and strategic risks in our investments, and how our compliance profile stands relative to state regulations, NAIC guidelines and the investment policies of our companies. It's a great leap forward for me as a manager and for the reporting I do for our companies.” – Lin Elliott, investment manager, Texas Farm Bureau Insurance Companies
iWorks Enterprise Financials gives executives and managers the ability to extract and assemble data into charts, graphs, scorecards and dashboards, helping them to improve:
* Access to additional investment options
* Visibility across multiple investment portfolios
* Clarity on enterprise compliance, financial and investment risks
* Communication with regulators, shareholders and agencies
* Return on investment from compliance and risk management efforts
* Accuracy, speed and effectiveness of executive-level reporting
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