RMS Launches Developer Network for Its Risk Management Platform
RMS started a new developer network for partners and developers to build apps for its RMS(one) risk management platform.RMS has announced the RMS(one) Developer Network, which extends the capabilities of the company’s cloud-based exposure and risk management platform. The new developer network enables RMS client and partner developers to integrate tools, applications and models with RMS(one), the company’s real-time exposure and risk-management platform. The RMS(one) Developer Network will give access to the RMS(one) Model Development Kit (MDK) and RMS(one) API on April 15 in conjunction with the general availability of RMS(one). Using the RMS(one) API, clients and partner developers will have the ability to program against an open platform to extend the capabilities of RMS(one). Company officials said the RMS(one) Developer Network will provide everything required to integrate and build applications, tools and services that leverage the RMS(one) platform, including documentation, developer support and the RMS(one) API SDK – a set of tools, code libraries and sample code designed to speed up the integration and development process. For client and third-party model developers, the RMS(one) MDK enables the development of new models and the translation of existing models to host on RMS(one), enabling insurers, reinsurers and brokers to run their businesses using whatever combination of proprietary and commercial catastrophe models they choose and operate those seamlessly on a single platform.
“Technology companies are often defined as much by their ecosystem as their own products,” said Heidi Roizen, DFJ Venture Capital operating partner and RMS board advisor, in a statement. “Companies such as Apple and Salesforce.com have unlocked possibilities by empowering developers to build on top of their products. The RMS(one) Developer Network brings this kind of innovation to the insurance industry, creating a platform that is scalable, adaptable and extensible.”