Austin, 78731, TX,
United States
Allen Bailey & Associates Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Allen Bailey & Associates and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 15 Allen Bailey & Associates employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Allen Bailey & Associates has purchased the following applications: Sovos Tax for Tax Management in 2022, Moodys Analytics AXIS for Risk Management in 2022 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Allen Bailey & Associates is running and its propensity to invest more and deepen its relationship with Sovos , Moodys Analytics or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Allen Bailey & Associates revenues, which have grown to $2.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Allen Bailey & Associates intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Sovos | Legacy | Sovos Tax | Tax Management | ERP Financial Management | n/a | 2022 | 2022 |
In 2022 Allen Bailey & Associates deployed Sovos Tax to centralize tax reporting and financial statement filing as part of its Tax Management footprint. Sovos Tax was positioned to support NAIC compliant filing workflows and to serve actuarial and finance needs within the firm’s client service practices.
The implementation configured Sovos Tax to manage filing templates, tax provision schedules, and structured data imports consistent with Tax Management best practices. Configuration work included mapping source data into Sovos Tax, building repeatable templates for periodic filings, and leveraging Excel macro processes and SQL-driven extracts to normalize client data for submission.
Sovos Tax was used in conjunction with Moody s Axis modeling outputs and a Microsoft database environment, reflecting explicit integrations between filing and actuarial modeling workflows. Operational coverage focused on actuarial and finance functions that produce monthly and annual CARVM reserve analyses, quarterly financial statements for six clients, and broader reporting for eight to ten clients with assets ranging from 5 million to 800 million.
Governance and process changes accompanied the rollout, with annual NAIC compliant testing, distribution of testing results to clients, and ongoing audits to maintain filing tolerances and TDI and NAIC deadlines. Training for staff on Sovos Tax and related tooling was documented as part of sustaining operations and internal tool building to support repeatable Tax Management and filing processes.
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TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Moodys Analytics | Legacy | Moodys Analytics AXIS | Risk Management | TRM | n/a | 2022 | 2022 |
In 2022 Allen Bailey & Associates deployed Moodys Analytics AXIS as its Risk Management modeling platform to support actuarial workflows and regulatory reporting. The implementation targeted cash flow testing, illustration projections, new business projections and CARVM reserve analysis for roughly 8 to 10 clients with assets between 5 million and 800 million, operated from the firm’s Austin, Texas practice.
Moodys Analytics AXIS was configured for model construction, scenario projection, and actuarial cash flow testing, with models parameterized and updated alongside Excel workbooks and macros. The firm documented monthly and annual reserve setting processes and provided extensive AXIS training to its data analyst to sustain model maintenance and NAIC compliant testing.
The implementation integrated with the company’s Microsoft database environment and SQL based data cleaning pipelines, and outputs were reconciled to financial statement filing software SOVOS for regulatory submissions. Operational coverage included quarterly financial statement construction to meet NAIC and Texas Department of Insurance filing dates and tolerances, plus distribution of NAIC compliant testing results and assumption change narratives to clients.
Governance activities included auditing systems to align with NAIC governance requirements, codifying assumption change workflows, and building internal projection tools for client advisory use. The program produced improved client models and maintained NAIC compliance through annual reviews and distributed testing results while enabling ongoing analysis of reserve trends and potential disintermediation risks.
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