Company Overview
Founded in 2013 in the UK, our software has now presence in EU, UK, Asia, Africa and North America. Green 13 has now over 60 clients, including insurance companies and international consultancies, in 24 countries.
Iris is a disruptor in the insurance sector by providing clients with high-performance, affordable, scalable and innovative solutions enabling them to perform their duties without the need for expensive IT infrastructure, detailed coding knowledge or expensive projects.
Software overview
Iris is an end-to-end, low-code, powerful and modern actuarial projection platform designed with reporting actuaries in mind, utilising AVX, GPU and grid computing technologies. It allows users to reduce transformation times from months to weeks or even days, and reduces the need for complex IT projects or large specialist teams. Iris can be used for anything from conventional, unit and investment-linked products, all the way to Variable Annuities, RILAs, including ALM, stochastic and with-profits/dynamic benefit calculations (i.e. with cross-policy interactions), IFRS17, Solvency II (including Matching Adjustment), BPA rapid pricing and more.
Iris consists of apps for data, calculations and results, covering the end-to-end actuarial processes. Our apps include:
- Iris-C: C for Calculations, our flagship actuarial projection system.
- Iris-Grid: our intelligent local grid management tool, enabling Iris-C to create , join and run local clusters, efficiently and effortlessly .
- Iris-Cloud: our cloud grid management tool, enabling Iris-C runs on HPC serverless, elastic infrastructures
- Iris-D: D for Data, our data validation system
- Iris-X: X for eXtracts, our innovative extract transformation system
- Iris-SQL: our SQL-style data transformation system.
- Iris-AID: the first ever dedicated actuarial AI Developer, converting product specs to models.
- Iris-Automation: the orchestration app, that enables users to run the whole end-to-end reporting process with a touch of a button.
- Iris-Tools XLL: our Spreadsheet Add-In which allows you to update, run and query any model as a spreadsheet function, or query 100s of millions of records from inside a spreadsheet very fast.
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