Case study #9: New lines of business RMS, a 1,200-employee Silicon Valley company that helps insurance and financial companies model their exposure to catastrophic risk, realized it could grow its revenues by offering customers more real-time access to its risk modeling. So it set out to build a cloud-based product on top of MongoDB, a database that allows RMS to store and easily access its more than 100 billion documents a year, representing hundreds of terabytes of data.
At DataBeat, RMS executives will talk about how previously, its customers had no easy way to access data that was scattered across their various business units. But with the rollout of RMS’s new product, customers can access it all in a single place, and can build their own products without RMS’s interference. Further, by getting clearer upstream and downstream views into the risks of various industries, RMS is using the platform to drive into different lines of business, including non-catastrophic modeling, as well as serving the health and aviation industries.