Bluescape:rating

Many rating packages serve a single software application for a limited number of lines of business. The bluescape:rating solution from Total Systems offers a different approach.

Without sacrificing speed of response, bluescape:rating enables you to do the following:

• Provide integrated rating for any business application that communicates with other software using the industry standard Simple Object Access Protocol (SOAP)
• Support any line of business, product, risk structure, and rating scheme

In the following illustration, an insurance company uses the bluescape:rating tool suite to create business definitions that provide a central rating service for all of the company's insurance lines.

They integrate this rating service with their internal thin client applications and with the custom systems that their brokers use. At the same time, they offer the same service for use by aggregator web sites.

bluescape:rating offers you a comprehensive rating solution as a self-contained Service-Oriented Architecture (SOA) product. It enables you to benefit from years of Total Systems plc experience in the development of rating solutions for clients.

An SOA infrastructure enables different applications to exchange data with one another as they participate in a business process.

By choosing an SOA infrastructure, you can do the following:

• Select the best solution for each business process requirement
• Integrate your chosen solutions as interoperable services that seamlessly support your full business processes

The fully SOA compliant bluescape:rating uses established next generation technologies to provide you with an effective and scalable rating solution.

By choosing bluescape:rating, you are choosing the following:

• Flexibility that enables you to apply your business models and rating rules in exactly the way you want, when you want.
  A single rating solution that can support all of your product, risk structure, and line of business needs in a rapidly changing business environment


• Consistent results everywhere that you use or publish your rates.
  A single rating solution that can
  
  
  • Integrate seamlessly with your organisation's business applications
  • Communicate securely with your business partners' applications


• Performance from true parallel processing
  A rating engine that can handle the following with little or no effect on perceived response times
  
  
  • Single requests for multiple quotations based on the same risk information
  • Multiple requests for quotations from different sources - for example, if you publish your rates for use by aggregator web sites


• Scalability that enables you to upgrade your processing power when your business volumes increase
  A rating engine that can automatically use additional hardware processors when you choose to deploy them


• Rationalisation of the skill sets that you need to maintain in order to control rating across your organisation
  A single, central, database and tool suite that enables you to manage all of your risk evaluation rules and rates