What's new
Accounting General #
SE-28002 - New field 'External Identifier' in Business Partner Ledger UI - Allianz AG #
Aim of Function
Introduce a new column named 'External identifier' in the Business Partner Ledger. This column is already available in Business Ledger and now needs to be added to the Business Partner Ledger.
Business value to customers
Adding the 'External Identifier' column in Business Partner ledger will help to maintain data consistency across different ledgers so that similar data points are available across various ledgers and will also enhance data tracking capabilities.
System Parameters Affected
None
Existing functionality affected
View Business Partner Ledger
Changed documentation
/sicsdocs/user_guide/pc/accounting/bp_ledger/#retrieve-business-partner-ledger-balances
SE-28660 - Show Booking Year & Period in Find Accounting Worksheet - Allianz AG #
Aim of Function
Adding a new column in the balance container on the Find Accounting Worksheet window named 'BookingYear/Period.' This new column is similar to the 'AccYear/Period' column and added next to the 'Settlement Indicator' column.
Business value to customers
In order to improve worksheet identification, the BookingYear and Booking Period shown in the Find Accounting Worksheet window, will provide user with more details about the worksheets intended for accounting needs.
System Parameters Affected
N/A
Existing functionality affected
The Find Accounting Worksheet function
Changed documentation
/sicsdocs/user_guide/pc/accounting/find_ws/
SE-28661 - Add 2 new Remittance Types under Reference Data 175 - Allianz AG #
Aim of Function
Make two new Payment Types on Remittance worksheet, equal to and with same functionality as the existing Check and Check 2, named e.g. Check 3 and Check 4.
Business value to customers
To be able to distinguish between Checks received/paid in P&C and Life, two new Check types to be used in Life is needed.
System Parameters Affected
None
Existing functionality affected
None
Changed documentation
/sicsdocs/user_guide/pc/accounting/remittance_booking/#open-a-new-remittance-worksheet-manually
/sicsdocs/user_guide/pc/accounting/remittance_booking/#reverse-a-remittance
SE-15873 - Auto-update of Collateral on Business Partner - specification - DXC #
Aim of function:
On the Business Partner properties, it must be possible to store new information about Letter of Credit information on a partner level, including Trust and Funds Held. This information shall be possible to view and edit manually and to report all these fields in Business Object.
To complete the functionality we need to implement an automatic withdrawal of the Letter of Credit balance based on the Remittance amount created with the new Collateral Type field given on the remittance. This part of the enhancement specifies in detail how this automatic update of the LoC will take place. The development for this specification will probably be done and delivered in the 25.1 release.
Business value for customers
This specification will detail functionality to simplify the processing of collateralized contracts to support Schedule F reporting
System Parameters affected:
None
Existing functionality affected
View and Edit Business Partner Properties
Remittances and Balance Pairing
Changed documentation
SE-19128 - Offer Insurance Premium Tax tag for condition web service retrieval - Swiss Re Zurich #
Aim of function:
Most SICS conditions that can be viewed in the SICS GUI are included in the business XML when a business is retrieved via a 'retrieveObject' request. This is not the case for the insurancePremiumTaxCondition. To be able to read out values from this condition, it is needed to be able to obtain the condition as part of the 'retrieveObject' response.
Business value to customers:
This enables customers to retrieve Insurance Premium Tax conditions via the `retrieveObject` API, streamlining data integration and improving operational efficiency. This provides comprehensive data access and scalability, leading to seamless system integration and enhanced business outcomes.
System Parameters affected:
None
Existing functionality affected
View and retrieve the Insurance Premium Tax Condition
Changed documentation
Cede and NP Recovery #
SE-28865 - Policy classification validation reduction specification - AGCS #
Aim of function:
Specifications to reduce the validation of classification items for Cede Policies to only mandatory classification items in Web Service API and the Cede Interface
- User Specification
- Technical Specification
The development work will be conducted in a future release.
Business value for customers
Allowing inclusion / exclusion of non-mandatory classification items in Policy Light without being stopped by validations
System Parameters Affected:
N/A
Existing functionality affected:
Create Policy Light online
Create Policy Light / Claim Light booking records via Cede Interface
Create Policy Light via Web Service API
Changed documentation
SE-30027 - API for creating Recovery Calculation order - AGCS #
Aim of function
Enable possibility to create a new Recovery Calculation Order in the web service facility as follows:
1) Connect to SICS server and open XML Tree View
2) Generate 'New Skeleton' and Select Entry Point as 'SicsWsBatchProcessEntryPoint' and Select Operation as 'createAccountingOrder'
3) Select '<createAccountingOrderInput>' under the XML Tree view
4) Select Recovery Calculation Order type from drop down under 'XSD Type'
New Soap is generated where required information for creation of order is given.
Business value for customers
Possibility to create Recovery Calculation Order for Protection Program and / or Recovery Calculation order for single OCC without opening workstation. This makes is possible to streamline the automation of integration processes.
System Parameters Affected
N/A
Existing functionality affected
Recovery Calculation order
Changed documentation
/sicsdocs/user_guide/pc/non_prop_retro_ceded_accounting/recovery_calc_order_for_prot_prog/
/sicsdocs/user_guide/pc/non_prop_retro_ceded_accounting/recovery_calc_single_np_occ_and_xlca/
SE-29803 - Enhanced Integration functions for Cede Protection Assignment - DXC #
Aim of function
- The Domain Retrieval API for Policy Light has been enhanced by adding Protection Type of Business for proportional and non proportional protection list. This allows integrating systems to retrieve the protection assignments for protected policies.
- The Event Log recording function has had a new exit point added for the protection assignment is changed for a Light Policy / Claim. This allows a new plugin to send notification events to the Assure Cloud Event Notification system to provide improved real time integration with external systems.
Business value for customers
Enhanced protection assignment information via automatic notification
System Parameters Affected
N/A
Existing functionality affected
These enhancements are a result of integration work between DXC Assure Commercial & Specialty and DXC Assure Cede
Changed documentation
Claims #
SE-20574 - Standard Method Indexation of Assumed Claim Reserves - Achmea Reinsurance Co #
Aim of function
Add support for indexation of reserves for calculation method 'standard'
Business value for customers
When a contract is subject to index clause there are typically 3 different methods:
- Standard
- Margin
- Severe Inflation
It is normally expected that the indexation is triggered by both payments and reserves. The index ratio to be applied for payments and reserves are often different due to differences in how they are calculated. Until now SICS has only supported Standard indexation triggered by payments. This enhancement will introduce support for indexation of reserves for calculation method standard.
The additional indexation methods will be added in future releases.
System Parameters Affected
None
Existing functionality affected
Claim FGU Handling
Changed documentation
/sicsdocs/user_guide/pc/claims/indexed_claims/#automatic-index-calculation
eMessaging #
SE-19548 - Settlement amount on the eMessaging search screen - Renaissance Re #
Aim of function
Introduce a new column for a total settlement amount in the eMessaging search screen.
Business value for customers
Customer can view the total balance of a settlement messages from the eMessaging search window. The 'Settlement Balance' column will display the total amount of a settlement message from the SICS eMessaging search screen.
System Parameters Affected
N/A
Existing functionality affected
Processing of eMessages.
Changed documentation
SE-24836 - TechAccount Related messages Tab - display related settlement messages - Renaissance Re #
Aim of function
To Display related Settlement messages in the TechAccount related messages tab.
Business value for customers
- Settlement messages link will be made available in the TechAccount related messages tab.
- It saves time for the user instead of searching.
System Parameters Affected
N/A
Existing functionality affected
eMessage Processing
Changed documentation
SE-28811 - Reprocessing of eMessages by batch scheduler - Swiss Re Zurich #
Aim of function
To Introduce new Parameters in the existing 'eMessaging Import and Validate' & 'eMessaging Import and Process' Job steps. When used, messages are automatically validated/processed based on the user selected criteria.
Business value for customers
User can now have various selection parameters to automate the validation/Processing of eMessages.
System Parameters Affected
NA
Existing functionality affected
eMessaging Batch Scheduler
eMessaging Import and Validate
eMessaging Import and Process
Changed documentation
Life #
SE-29011 - Life Web Service API - Renew Reinsurance Program - Allianz AG #
Aim of function
The aim of the function is to be able to renew the reinsurance program through web service API
Business value for customers
Customers will now be able to renew the reinsurance programs and the underlying treaties through web service API
System Parameters Affected
None
Existing functionality affected
It will be possible to include a reinsurance program for renewal in Renew Business web service API.
This is an improvement to the existing renewReinsuranceProgram operation on the SicsWsBusinessEntryPoint.
Changed documentation
SE-29954 - Life Webservices to Renew Treaties - Allianz AG #
Aim of function
The aim of the function is to be able to renew all types of treaties through a web service API in SICS Life
Business value for customers
Customers will be able to renew closed ended prop and non prop treaties through webservices and also process terminations
System Parameters Affected
None
Existing functionality affected
New operation to renew closed ended treaties through webservices is available
This is a new operation on the SicsWsBusinessEntryPoint entry point: renewLfBusiness
Changed documentation
SE-30163 - Life Webservices to Register Termination on closed ended treaties - Allianz AG #
Aim of function
The aim of the function is to be able to register termination on all types of closed ended treaties through webservices in SICS Life
Business value for customers
Customers will be able to process terminations on closed-ended treaties before processing the renewals
System Parameters Affected
None
Existing functionality affected
It is now possible to register a termination through a web service API on closed ended businesses before renewal.
This is a new operation on the SicsWsBusinessEntryPoint entry point: registerTermination
Changed documentation
SE-18616 - Display of amendments on child section as part of amendment and Navigation - FWD #
Aim of function
The aim of the function is to be able to see the child section on which the condition has been amended from the Amendment tab and also to be able to navigate to the respective effective periods and amendments on open ended businesses in Life
Business value for customers
When the treaties are structured based on insurance products the treaties could have several hundred child sections. When a specific condition on one or more of the the child section are amended it will now be easier for the user to know which section and condition was amended from the list of conditions in the amendment tab
System Parameters Affected
None
Existing functionality affected
A new column is available on the Amendments Tab- Amended Conditions. Whenever a condition or classification is amended on a child section or a child section is added or deleted as part of an amendment, the amended child section detail will be listed on this tab
A new sub tab on the Amendments Tab 'Amended Sections'. When any child section is either added or cancelled as part of an amendment the details will be listed on this tab
Changed documentation
SE-28997 - Additional Other Info fields on the cession, retrocession and placement cession variables - FWD #
Aim of function
The aim of the function is to include 7 more 'Other Info' fields from the cession, retrocession and placement to be part of the Calculation Rules
Business value for customers
For more complex calculation rules where different conditions may need values from different fields of the cession benefit it is now possible to use more of the Other Info fields in the SAR calculation and Prop Premium Calculation rules
System Parameters Affected
Seven more 'Other Info' fields from the Cession, Retrocession and Placement Cessions Variables are now available under the calculation rules under Business SAR Calculation Rules and Prop Premium Calculation Rules
Existing functionality affected
Sum at Risk Calculation and Prop Premium Calculation rules can now be created to include Other Info fields Other Info 11 to Other Info 17
Example:
Changed documentation
SE-29014 - UX performance Improvement on multi-section business with active cessions - FWD #
Aim of function
The aim of the function is to improve the performance of the UX when opening certain business conditions on treaties with several child sections and active cessions
Business value for customers
When business conditions like the PL condition or the SR or PM condition are inherited and the treaty has several child sections, opening the condition on child sections will be faster since the system will now not check all the other child sections that use the same inherited condition for active cessions
System Parameters Affected
None
Existing functionality affected
Opening the PL, SR and PM conditions on treaties with several sections is now significantly faster since active cessions on other child sections inherited from the same parent section are not checked each time the condition is opened on another inherited section
Changed documentation
SE-18344 - Add new element to support Fac OCC on RetrocessionClaimProcessingOrder API - Misr Insurance Company #
Aim of function
The aim of the function is to be able to include Fac OCCs in the Webservices for Retrocession Claim Processing Order.
Business value for customers
Customers will now be able to run their Retrocession Claim Processing Order webservices to include the facultative retrocessions also.
System Parameters Affected
None
Existing functionality affected
The Create Retrocession Claim Processing Order webservices will be able to include facultative OCCs for recovery
Changed documentation
SE-29188 - Ability to select Y/N on confirmation messages when running the cession batch - Misr Insurance Company #
Aim of function
The aim of the function is to allow the users to decide how the confirmation messages are answered by the cession loader while processing the cessions
Business value for customers
All confirmation messages that are thrown while running the cession order were earlier answered as Yes by default to allow the cessions to be processed. Now it will be possible for the user to choose whether to answer some of the messages as Yes or No. This will provide more flexibility so that the processing can be done as per the specific business requirements and when the messages are answered as No, the transaction will fail and be available for further investigation by the end users.
System Parameters Affected
A new system parameter option 'Cession Batch Confirmation Messages' is available on the System Parameters – > Cession
Existing functionality affected
On the system parameters - > Cessions- > Cession Batch Confirmation Messages is available. The list of confirmation messages that can be configured to be answered Yes or No is listed under this system parameter. All messages are by default answered as Yes
On the Assumed Business - NC condtion the same set of Confirmation Messages are available. The values are defaulted from the System Parameter Selection and can be overridden on the business level
The same set of confirmation messages selected/defaulted from the business condition will be available on the cession batch. These messages can further be overridden on specific batches before running them or updated on a failed batch before the batch is rerun
Changed documentation
SE-28792 - Functional Currency Revaluation Order in Life - WAICA Reinsurance Corporation Plc #
Aim of function
The aim of the function is to extend the Functional Currency Revaluation Order that is currently available in the P&C system to Life.
Business value for customers
Life customers will now be able to calculate the Functional Currency movements due to exchange rate differences by running the functional currency revaluation order and keep track of the gains and losses caused due to the exchange rate changes over specific periods
System Parameters Affected
The following system parameters are now available in Life Accounting- > Currency- > General
1. Allow Functional Currency Revaluation
2. Use Extraction Criteria in Functional Currency Revaluation Order
3. Include Realised Loss/ Gain in Functional Currency Revaluation
In the P&C system the P&C specific system parameters Accounting- > Currency- > General has been reordered as below
Existing functionality affected
Under Periodic Functions in Life the following Order will now be available
Functional Currency Revaluation Order
On running the order with the mandatory criteria, the Functional Currency will be revaluated and the Movement for Loss or Gain due to Exchange Rates will be calculated on the respective balances as selected
Changed documentation
Other #
SE-27118 - Generate SOAP API Documentation from code - DXC #
Aim of function
Improve the SOAP API documentation by generating it from code including the entry point description, the operation descriptions and the from versions. The generated documentation is available in SICS Docs.
Only 2 P&C operations remain to be completed in 24.4 where we will also add an XSD schema browser to view the input and output schemas for the operations.
Business value for customers
Generating documentation from code means that the documentation is automatically updated as APIs are changed or new APIs are added. Once the generated documentation has achieved parity with the existing Word documents, we will no longer ship those documents.
System Parameters Affected
None
Existing functionality affected
SICS Docs
Changed documentation
SE-28270 - Ensure authentication credentials are correctly encoded - Triglav #
Aim of function
We support 4 DBMS platforms with varying authentication schemes.
This feature is to ensure that all platforms support native user IDs and passwords with the modern mixed case & special character requirements equally by encoding the credentials appropriately.
Business value for customers
Elimination of technical debt and support for modern security requirements.
System Parameters Affected
None
Existing functionality affected
Login screen
Changed documentation
This report was generated Wed Sep 18 07:38:59 UTC 2024.