Reducing Integration Costs with Customised API Documentation: A Look at Optalitix’s Bespoke Integration Support

Seamless integrations are essential to manage their digital systems and increase operational efficiency. But building and maintaining integrations can be costly and time-consuming, particularly when working with complex models or external systems. Optalitix tackles this challenge head-on with bespoke, customised integration documents for every model, designed to simplify the process and reduce development costs.

With tailored documentation, including Swagger-based API guidance, Optalitix ensures that integrating your models is as smooth and efficient as possible. Here’s how our approach to customised integration documents can streamline your development process, save time, and cut costs.

1. Reduce Development Costs with Customised Integration Documentation

Optalitix recognises that integration should be straightforward and cost-effective, especially when insurers need to connect various models and data sources quickly. By providing customised integration documentation for each model, Optalitix eliminates the need for teams to decipher generic or overly complex API instructions. Instead, developers are given precise, relevant information, which accelerates the integration process and reduces the need for costly troubleshooting.

These bespoke documents mean that integration tasks take less time, ultimately saving on labour and development costs. For insurers, this efficiency translates into faster deployment of models, quicker time to market, and a smoother experience when launching new pricing or underwriting tools. For their brokers, the time saved on the integration represents a real cost saving both on development and operational costs, increasing their desire to work directly with the insurer.

2. Swagger Documentation for Clear, Accessible API Guidance

To further ease the integration process, Optalitix includes Swagger documentation as standard. Swagger, a widely-used API specification framework, is known for its readability and accessibility, providing clear guidance on API functionality. Swagger documentation is especially valuable for technical teams, as it allows them to test, understand, and interact with the API in real time.

By offering Swagger-based guidance, Optalitix enables developers to see how each API call functions and what parameters are required, helping them build integrations with confidence and efficiency. This approach streamlines the onboarding of new models or systems, making the entire integration journey smoother and more predictable.

3. Bespoke Documentation Tailored to Every Model

No two models are exactly the same, and each one may require its own set of instructions to ensure seamless integration. Optalitix’s commitment to bespoke documentation means that every model comes with tailored instructions and integration guidance, addressing the specific functionality, inputs, and outputs relevant to that model. This bespoke approach saves time by eliminating the need to navigate through irrelevant information, allowing development teams to focus solely on what’s necessary for their particular setup.

This tailored documentation also provides added value for insurers who regularly update or modify models, as it ensures that the latest integration requirements are clearly documented and easy to follow. As a result, developers spend less time trying to interpret or adapt documentation and more time creating effective, fully integrated systems.

Simplify Your Integrations and Cut Costs with Optalitix’s Bespoke Documentation

Optalitix is committed to making integrations as efficient and cost-effective as possible. By providing customised integration documents, Swagger-based API guidance, and bespoke documentation for every model, we empower insurers to streamline their development processes, reduce integration costs, and deploy new models faster.

With Optalitix, your teams can integrate with confidence, knowing they have the precise, tailored information they need to make each connection seamless. Embrace the power of bespoke documentation and start transforming your integration process today.

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Use cases

Underwriting workbench

Time to deploy models
<
5
mins
Est reduction in dev cost
80
%
Lines of business covered
>
15
Estimated ROI
>
10
x
See how we do it

Lending & Mortgage Portal

Loans issued to date
£
7
bn
Existing brokers integrated
6000
Reduction in development cost
70
%
Loans issued
>
25000
See how we do it

Personalised Insurance Pricing Models

Consumers expecting personalisation
71
%
Ecommerce companies using personalisation
74
%
Potential uplift in sales
50
%
Time to deploy models
3
mins
See how we do it

Fraud Detection Model

Time to build fraud model
1
day
Time to deploy fraud model
5
mins
Annual UK insurance fraud
£
1100
m
Spend on insurance fraud
£
200
m
See how we do it

Sales Probability Calculator

Increase in sales
50
%
Leads leading to 80% of sales
20
%
Accuracy
>
70
%
Increased sales efficiency
40
%
See how we do it

Spire Hospitals: Forecasting Clinic Attendance

Accuracy of predictions
80
%
Reduced non-attendance
30
%
Speed of response
<
100
ms
System scalability (nr of calcs)
>
100
m
See how we do it

Monitoring Energy Usage

Increase in battery efficiency
15
%
Speed of response
<
50
ms
Scalability (nr of calcs)
>
100
m
Time to update model
<
3
minutes
See how we do it

Optimising Clinic Bookings

Increase clinic utilisation
20
%
Boost in profitability
50
%
Update time
3
minutes
Clinics using system
30
See how we do it

Credit Calculator

Reduction in development time and cost
90
%
Avg model response time
<
100
ms
Scalabilty (nr of calcs)
>
4
m
Loans issued to date on the system
£
7
bn
See how we do it

Insurance Calculator Models

Reduction in run time for batch calculations
90
%
Models hosted
>
5000
API calculations
>
4
m p.a.
Calculation nodes available
>
20
See how we do it

Create An Online Pricing Model

Time to deploy pricing model
<
5
mins
Scalability (nr of calcs)
>
100
m
Calculation speed
<
100
ms
Quotes processed
>
95
mil
See how we do it

Innovation In Finance and Banking

Loans issued p/a
> £
1
bn
Reduction in system build cost
80
%
Scalability
>
4
m p/a
UK brokers connected
>
6000
See how we do it

Insurance Policy Validation

Reduction in development time and cost
90
%
Number of database calls
>
100
m
Single hosted platform for all policy validations
1
platform
Security Certificates
ISO27001
& CyberEssentials
See how we do it

Improve your efficiency and reduce costs today

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