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RAMS (Risk Analysis Management System) is a comprehensive Risk Management Information System (RMIS) and data mart that was designed to meet the analysis and reporting needs of a wide range of organizations. RAMS is a flexible, easy to use system that allows for extensive ad hoc and drill down reporting.
RAMS is fully integrated with dti's OASIS Claims and Policy Management systems and is a data mart within dti's OASIS Data Warehouse. RAMS is available as a stand-alone product; it is compatible with any relational database that stores claims or policy data. RAMS has a fast, highly optimized report engine that can work with large amounts of data. With RAMS, users can review losses at any point in time and can run:
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Individual Claims Reports
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Ad hoc Reports
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Loss Summary Reports
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Period-to-Period Comparisons
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Trend Reports
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Incident Rate Reports
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Loss Distributions
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Loss Ratios
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Age Distributions
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Loss Triangles with computed Loss Development Factors
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Financial Summaries
By producing incident rate and trend reports, RAMS can effectively analyze factors that drive the cost of risk. Users can define customized summary and detail reports in order to identify the sources of casualty losses. They enable risk managers to get an overall picture of their losses and concentrate on the areas that drive those losses.
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