Visual Product Modeling System® (VP/MS) is a self-documenting portable rules and calculation engine designed to be used by a business expert in any insurance sector.
VP/MS drastically reduces time to market, as well as application development and maintenance time, by enabling the same calculations and rules to be ported to virtually any platform. With VP/MS, business experts can easily create calculations and rules for new business, administration and peripheral systems as well as Internet quotes and illustrations. Rapid Product Development Tool
With VP/MS, rule and calculation modeling is put into the hands of business experts who know your business. The expert has the freedom to create, maintain and share product definitions, rules and calculations across system components and platforms, including the Internet.
You can support the development of rules and calculations by using standard calculations, drag-and-drop definition, table and/or formula-based rating, pre-defined components, user-defined reusable logic functions, built-in testing tools and self-documented report of the models. Case Study AXA Germany Significantly Cuts Time to Market with CSC's VP/MS In this client case study, AXA Germany used VP/MS to cut development costs while getting new insurance products to market faster.
Brochures Visual Product Modeling System VP/MS places product design, calculations and rules into the hands of the business expert and offers companies the opportunity to significantly reduce the development cycle and cost for new products.
CSC’s Life and Annuity Solutions Brochure CSC is uniquely positioned to make large-scale change practical for life and annuity companies. No other company is more experienced at planning, building and operating life and annuity processes, applications and IT infrastructures. Simplify Calculations and Rules
VP/MS can be used to define rules or calculations graphically. Business experts graphically create business rules, logic and calculations as components and models. These may be reused and included in other models to increase efficiency in design and implementation. VP/MS offers you the flexibility to have business users define your business rules and calculations. Some examples include:
Surrender charges
Target premiums
DEFRA and TAMRA calculations
Dynamic calculations of traditional cash values and dividends
Full product calculations
Administration rules
Claims rules
Enrollment rules
Underwriting rules
New business rules
Billing rules
Immediate Testing of Models
VP/MS Workbench simplifies testing by allowing individual product components to be tested interactively at any time. VP/MS archives these internal tests and can run them as required, relieving the developer of tedious and time-consuming data entry in the testing phase. This further reduces the elapsed time between product definition and market readiness.
Powerful Solutions
VP/MS is a powerful solution that may be integrated with existing technologies or used as a standalone system. VP/MS is integrated into CSC systems such as nbAccelerator, CyberLife and VANTAGE-ONE. You can also use VP/MS as your suitability engine and as an illustration starter kit. For More Information For more information on VP/MS, contact us by phone or e-mail. Only CSC will use the information you provide.
Visual Product Modeling System® (VP/MS) is a self-documenting portable rules and calculation engine designed to be used by a business expert in any insurance sector. 
