Redesign of an Enterprise Risk Modelling and Financial Analysis Software
ReMetrica, a risk simulation tool by Aon Benfield, had successfully grown to 1,000+ users worldwide -- but it was getting harder to use.
Over the past decade, ReMetrica was built organically, adding features on the existing software. The software had many quirks which users had to work around, and a high learning curve.
In 2014, the team hired us to design ReMetrica 7, which would be modern, more powerful and intuitive to use.
Launched in April 2016 in London & Singapore
Since the launch, actuarial teams inside Aon have started to switch to V7, as well as external clients
Low & High Fidelity Prototyping
ReMetrica Development Team (SG and LN)
Customer Insights & Ideation
Conducting workshop with the team, organizing the user research and summarizing key insights
Planning & Scope Definition
Working with product owners and scrum master to plan which design to work on for each sprint
Design Execution and Validation
Creating mockups and prototypes to convey the design, testing the design with users and team
Stakeholder Workshops & Collaborative Design
Modelling the Actuary Workflow
Iterating by Prototyping
Refreshing a Decade-old Interface
Actuaries, financial analysts and financial modellers build financial models using a drag-and-drop interface. They also need to perform extensive checking and debugging to ensure that the model is without errors. This process is extremely cumbersome and error-prone.
The diagram UI should make it easy for experienced users to understand the model. It should also make it easy for beginner users to learn how to use it to build simple to complex capital models.