Case Study: Simplitium achieves faster model rollouts, 75–90% lower licensing costs and zero downtime with Equinix

Simplitium - Customer Case Study

ModEx, delivered by Simplitium (formerly Boat Services), is a catastrophe risk–modeling platform built on the Oasis Loss Modeling Framework for the (re)insurance industry. Facing decades-old, resource-heavy legacy hosting, the company needed a reliable, secure colocation partner with a presence near the London insurance hub to speed model rollouts, lower costs and support future global growth.

Simplitium hosts ModEx on Platform Equinix (LD5 IBX) using a shared-service, interconnection-first approach. The move cut licensing costs by 75–90%, reduced new model rollout time from 6–12 months to about one month, delivered zero downtime with a 99.9999% SLA, and enabled easier market access and international expansion while improving security and fostering an insurance-sector ecosystem.

Simplitium

James Lay

Commercial Director