Case Study: AXA Asia achieves centralized, scalable actuarial modeling and improved efficiency with FIS Prophet Enterprise

Delivering Standardized Models and a Single, Centralized Solution to Improve Effi ciency, Scalability and Compliance AXA Asia

AXA Asia, part of the AXA Group, faced a fractured actuarial landscape after multiple acquisitions: dozens of decentralized, purpose-built Prophet models across countries that caused inconsistencies, high model risk, manual controls and an inability to scale or meet rising Solvency II requirements. To address this, AXA selected FIS and its Prophet Enterprise actuarial platform to provide a single, standardized production environment for the region.

FIS’ Prophet Enterprise was implemented as a centralized IT platform and supported by AXA’s governance, templates and a dedicated development team. The solution delivered immediate scalability (a single model covering eight countries), far higher processing power via grid computing, the ability to run multiple Solvency II scenarios simultaneously, fewer logic errors, greater automation and improved, auditable reporting. These changes reduced model risk, boosted efficiency and positioned AXA Asia to support rapid future growth using FIS’ Prophet Enterprise.

AXA Asia

Mark Stamper

Regional Chief Risk Officer & Chief Life Actuary