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Iris–C

What is Iris–C?

Iris–C is a powerful actuarial projection software that uses modern tools and techniques to simplify system development and deployment and speed up production processes. Iris utilises AVX, GPU and grid technologies. Iris is used for a variety of reporting bases, such as Solvency II, IFRS17 and more. Other uses include Product Pricing, Stochastic Projections, Liabilities, ALM, Experience Investigations, and more.  It can replace both existing systems and spreadsheets.


Iris–C is a powerful actuarial projection software that uses modern tools and techniques to simplify system development and deployment and speed up production processes. Iris utilises AVX, GPU and grid technologies Iris is used for a variety of reporting bases, such as Solvency II, IFRS17 and more. Other uses include Product Pricing, Stochastic Projections, Liabilities, ALM, Experience Investigations, and more.  It can replace both existing systems and spreadsheets.

  • Already replaced 4 different legacy platforms.
  • Low code expressions.
  • Easy to use GUI.
  • Utilises AVX, GPU, grid and cloud technologies.
  • Run millions of records in seconds.
  • Clients have built complex models (Funeral Plan, Credit Life, Variable Annuities) in 2 to 3 days, including data, setting up assumptions structures, business planning, stresses, and documentation.
  • Models typically require ~10-45x less code
  • Models are built using simple expressions; no need for specialised coding skills.
  • Model anything from conventional, unit and investment-linked products all the way to Variable Annuities, RILAs and products with Dynamic Benefits involving cross-policy interactions.
  • AutoDoc-C: automatic documentation, with no user input necessary and dynamic viewer and auto-live 'parallel' spreadsheet with formulae to aid development.
  • Seamless integration with Iris-AID, the first ever AI developer assistant.

Iris–Grid

What is Iris–Grid?

Iris–Grid is our intelligent local cloud management tool, which allows you to run Iris-C models on a grid of on-premise hardware without you having to micromanage the set up.


  • Easy to set up. Iris creates and manages a local grid effortlessly and efficiently.
  • Reduce run times by fully utilising your hardware, while you fix your calculation costs.
  • Iris-Grid, comes with an intelligent algorithm (nicknamed "Tetris"), which allocates jobs to workers maximising hardware utilisation, while minimising network traffic.
  • "Tetris" monitors the health of the nodes and adjusts to new or leaving nodes, while it recycles jobs automatically.

Iris–Cloud

What is Iris–Cloud?

Iris–Cloud is our cloud management tool, which allows you to run Iris-C models in serverless elastic resources.


  • Easy to use GUI.
  • Reduce run times from hours to minutes.
  • Auto-scale your resources to meet your calculation needs.
  • Get visual drilldown of your resources, runs and costs, putting you in control.
  • Execute the exact same runs with same data, assumptions and run-structures, allowing you to switch between Iris-Grid and Iris-Cloud
  • Leverage from the technology, reliability and security backed by on of the major tech giants.

Iris–D

What is Iris–D?

Iris-D is a powerful data validation app which allows users to process large sets of extracts or model point files and produce detailed per-policy reports of any anomalies, data inconsistencies, unusual trends or invalid formats and values.


  • Easy to use design-by-example rules.
  • Uses Iris-AutoConfig to calibrate to the data found and provide a quick first cut of the validation rules.
  • Clients have completed the set up of validation rules in as little as one day for a whole company.
  • At largest deployment, Iris-D was processing thousands of model points from 14 countries, across two valuation periods.
  • Can run at scale on modest hardware


Iris–X

What is Iris–X?

Iris–X is our powerful, low-code, extract transformation utility, which simplifies data transformations. The innovative "design-by-example" expressions help avoid nested code logic and verbose code. It can be used to convert extracts into model point files, or to prepare input tables for IFRS17 models or for experience investigations, and more.


  • Simple and easy to use GUI
  • Process very large extracts with modest hardware.
  • Clients have built data transformation processes in as little as a 1 day.
  • Dynamic viewers allow users to click through calculations with no debugging skills necessary.
  • Automatic documentation, with no user input necessary.

Iris–SQL

What is Iris–SQL?

Iris–SQL is our powerful, SQL-style transformation utility, complementing Iris-X. It simplifies the usage of SQL-style expressions with the use of helpers. It provides a visual data flow representation of the queries, so users can easily understand even the most complex and nested of expressions.


  • Simple and easy to use GUI
  • Process very large extracts with modest hardware.
  • Clients have built data transformation processes in as little as a 1 day.
  • The Query explorer allows users to see the data flow and click through transformations with no debugging skills necessary.
  • Automatic documentation, with no user input necessary.

Iris–DN

What is Iris–DN?

Iris-DN (Data Nodes), is our low code process automation and sequencing utility. It enables users to define processes, including running and interacting other Iris sub-systems with each other or external programs (databases, programs written in R, Python, C#, VB.Net, NodeJS), set-off grid runs, automate spreadsheets and generate reports.


It can be used for reporting, IFRS17 disclosures and sub-ledger generation and more.

  • Simple and easy to use syntax
  • Allows users to set up and automate comprehensive processes and interactions.
  • Drilldown viewer enables users to follow the process steps all the way from results to data and view inputs, configurations, outputs, metadata and analytics
  • Users can jump to calculations and data transformation dynamic viewers from one place.
  • Clients have used Iris-DN to cut down manual reporting tasks from weeks to as little as 5 minutes on the same hardware.

Iris–Automation

What is Iris–Automation?

Iris-Automation (nicknamed Iris-Macros), is our one-click run automation suite, which allows users to run end-to-end processes with different parameters and run-dates easily, making your processes re-usable, repeatable, including rich audit trails.


It executes re-usable Iris-DN (data nodes) or other apps.

  • Simple and easy to use syntax
  • Rich clickable audit trails. including a run-time profiler analysis.
  • Set up and automate comprehensive processes and app interactions, including grid runs, executing standalone apps (X, SQL, C, DN) or other Iris-Macros.

Other Apps

Iris-AID

Iris -AID is the very first ever AI actuarial platform developer. It uses product specs as inputs and outputs Iris-C models.


This significantly reduces development times and the need for large teams as it automates away a big part of the modelling effort associated with traditional actuarial software approaches.

Iris-XLL

Iris integrates with spreadsheets. Any Iris-C model can be automatically used as a spreadsheet function so you can do data tables, what-if analysis or even goal-seek.


You can also run Iris SQL and other Iris file queries as a spreadsheet function. 

Iris–Cells

Iris-Cells is our upcoming app which takes free-style spreadsheets and converts them into programs/APIs.


This means you can remove spreadsheets from your processes and transform them to faster, more robust programs, and benefit from the wider Iris ecosystem.

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