Life, Pension & Annuities Insurance Software - Functional

ALIS Functional Overview

ALIS 90/10 Click – quick and easy access to 90% of system data and functionality with 1 to 2 clicks, providing unparalleled usability and data access for customer service

Calculation transparency – ALIS's formula engine is exposed to users, providing detailed information to users so your policy administration system is no longer a "black box"

Product flexibility – ALIS's product design supports any combination of Life, Pensions and Investment products for the individual and group markets, enabling providers to explore new product offerings and hybrid designs with no coding required

Modular functionality – ALIS supports every step of the policy life cycle! Use only the ALIS components needed and "turn off" the rest. Interface with current installed systems point-to-point or via ESB using ALIS's modern web services layer, including fully configurable web services

Process automation – ALIS's integrated workflow allows the automation of manual processes, reducing the administration costs for an organization whilst maintaining high levels of customer service

ALIS is currently deployed and in production in eight different countries, all with country specific products, processes, and regulatory requirement, allowing for the customization of business and local needs, including:

Configurable Product Support
Product Workbench enables the user to configure virtually any insurance or investment product. Configurable products, transactions, features and formulas, provide our customers with complete flexibility to rapidly support emerging new insurance products.

Add-on Regulatory Support
A robust and configurable regulatory engine that enables the user to configure regionally specific regulatory requirements. Regulation rules are configured separately and then connected to the product to easily accommodate product specific differences and compliance testing

Robust & Flexible User Interface
A flexible user interface that can be pre-configured based on user-type. The user interface provides easy access to enter or retrieve information with the minimal number of key strokes.

Embedded Workflow
Flexibility to establish workflows that are tailored to your specific processing needs. The system administrator can create a workflow by defining and associating activities using the rules engine.

Multi-Language
The system supports multiple languages; languages are selected based on user profile. ALIS is currently implemented in six different languages.

Multi-Currency
The system supports multiple currencies. ALIS is currently implemented in seven different currencies.

Multi-Branding/Channel The system can be easily configured to support multiple brands and distribution channels