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PillarOne - Risk Management meets Open Source
Initiated and sponsored by Munich Re.
PillarOne focuses on risk management: contracts, portfolios and organisations. Driven by the new requirements from Solvency II, PillarOne addresses all facets of risks - it provides a sound foundation for insurance companies' enterprise risk management.
PillarOne community discusses, compares and benchmarks risk management methods - and even develops collaboratively new, improved approaches.
PillarOne builds a modeling platform which
- runs standard models, for example Solvency II
- contributes components
- to build partial internal models on the basis of standard models
- to build customised internal models on the basis of provided and self-developed components
- provides data calibration routines
All results are openly available - including the state-of-the-art software implementation, jointly lead by industry specialists and professional enterprise application developers.
markus [dot] stricker [at] intuitive-collaboration [dot ] com
