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? Engineers/Planners/SurveyorsInvestors (NB. Used in the field of insurance industry, actuarial science, engineering, meteorology and seismology)
- Sector: Cities
- Sector specific?No
- Type: Open Source/Freemium
- Maturity: In Use
- Region: Global
- Value Chain Stage: Maintain, Operate, Options, Procure
|Diagnose & Conceive||Design & Deliver||Operate & Maintain|