Recently Ortec Finance launched its GLASS Workflow Automation API. This API module enables pension plans to automate their GLASS-related monthly and quarterly reporting and monitoring processes. GLASS is Ortec Finance’s ALM and Strategic Risk Management software. A first client signed up to use the API as soon as it was launched.

Nicole Veenstra, Team leader Client Servicing: “We developed this API because we saw an opportunity to further streamline the periodic processes frequently encountered by pension plans. We are glad to see clients recognize the added value of this API”.

Automated periodic reporting and monitoring processes improve the accuracy of reports, and reduce the valuable time spent on the reporting process by eliminating the need to manually import, calculate, and extract data and analytics from GLASS. In addition, the API module enables you to automate the download of GLASS output into your internal reporting tools like Power BI or Tableau. This makes updating your in-house dashboards and reports more straightforward and reliable.

How does it work

  1. Input: A scheduled Call API retrieves latest input-data from your input data set or data warehouse, sends it to the GLASS API which automatically updates GLASS
  2. Simulation: GLASS API starts and monitors pre-scheduled simulations
  3. Output: GLASS API retrieves output and sends it back to your data warehouse and/or reporting tool.

Want to know more

Do you want to automate repetitive manual GLASS-related tasks such as monitoring? Are you interested in having your own reporting tools being fed automatically with GLASS output? Contact Jacob or Tessa for more information and possibilities.

 

About GLASS

GLASS is the Ortec Finance ALM and Strategic Risk Management software for Pension and Sovereign Wealth funds.

More information about GLASS

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