Barnett Waddingham partners with Steria Mummert ISS to develop new actuarial software solution

Published by Cherry Chan on

Barnett Waddingham is pleased to announce that it has partnered with German based software provider Steria Mummert Insurance Standard Solutions (ISS) to develop a new actuarial software solution for the insurance market which will be launched in 2015.

The partnership brings together Barnett Waddingham’s actuarial expertise with Steria Mummert ISS’s software developing experience to enable German clients to benefit from a tailor-made and efficient solution.

"The goal is to develop an innovative new standard software solution for actuarial requirements"
Cherry Chan

With over 20 years of experience focusing on standard software development Steria Mummert ISS is amongst the leading providers of software solutions for the financial services sector in Germany, Austria and Switzerland.

Cherry Chan, partner at Barnett Waddingham says: “The goal of our partnership with Steria Mummert ISS is to develop an innovative new standard software solution for actuarial requirements which will provide optimum support for insurers struggling to keep up with various developments such as Solvency II which can impact captial, reserving and pricing.“