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Novae Group plc improves their Capital Modelling Process in Microsoft Excel using Schematiq.

July 13, 2017 | Darren Harris

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Novae Group, a Lloyd's of London insurer, has been listed on the London Stock Exchange since 1998 and wrote premiums of over £900m in value in 2016.

When Novae Group wanted to enhance their Capital planning process the amount and complexity of data meant that their models could only be updated a few times a year. 

Novae selected Schematiq and using live 'Data Links' overcomes time consuming manual processes (such as Cut and Paste) within Microsoft Excel and reduced the complexity of the Capital Planning Model. As a result Novae's Capital Planning reports can be updated faster with fewer errors and with improved transparency of calculations and data used throughout the planning process.

To learn more about this customer success story in our Case Study

Download the Case Study