Global professional services Towers Watson (TW) has introduced Towers Watson DataValidator, a data validation and transformation software solution that helps insurers use their data more efficiently across financial modeling analytics, pricing applications and risk management.
"DataValidator allows insurers to streamline the production of their data for actuarial and risk analytics calculations," said Joel Fox, Towers Watson’s global lead for Life Financial Modeling and Reporting.
"The software solution is flexible, user-friendly and helps ensure high-quality data. This generates significant processing efficiency gains by capturing issues early in the process, thus avoiding unnecessary rework and manual adjustments."
DataValidator helps insurers meet evolving regulatory data quality requirements against today’s increasingly challenging timetables.
The solution provides a quick and comprehensive data quality assessment while providing thorough audit trails necessary for mandatory governance and audit readiness.
DataValidator is developed, maintained and supported by Towers Watson. It works with Towers Watson risk software products and third-party software solutions.
Towers Watson (TW) is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management.
With 16,000 associates around the world, the company offers consulting, technology and solutions in the areas of benefits, talent management, rewards, and risk and capital management