OASIS Loss Modelling Framework

OASIS Loss Modelling Framework (Catastrophe Modelling)

Catastrophe modelling (known as cat modelling) is the process of using computer-assisted calculations to estimate the losses that could be sustained due to catastrophic events such as a hurricane or earthquake.

OASIS is an improved risk assessment through more models, a different view of the risk, transparency, performance, and innovation. The Oasis Loss Modelling Framework provides an open source platform for developing, deploying and executing catastrophe models. It uses a full simulation engine and makes no restrictions on the modelling approach. Models are packaged in a standard format and the components can be from any source, such as model vendors, academic and research groups.

Content provided by developer.

Who is it for? (NB. Used in the field of insurance industry, actuarial science, engineering, meteorology and seismology)
Sector specific?No
Value Chain Stage: , , ,
Diagnose & ConceiveDesign & DeliverOperate & Maintain

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