TIRA, Tanzania Chooses Vizor Software

TIRA, Tanzania Chooses Vizor Software

Vizor is delighted to announce that the Tanzania Insurance Regulatory Authority (TIRA) has chosen Vizor Software. Vizor has signed a contract with TIRA to design, build and deploy a Risk Based Supervision System (TIRA RBS), which will go-live in August 2013. The project is assisted by the Bank of Tanzania.

TIRA RBS, built using Vizor Software, will:

  • Reduce time taken to prepare data outputs and analysis
  • Enable TIRA to move to risk-based supervision
  • Increase accessibility to data/records for TIRA business users
  • Decrease reliance on paper
  • Improve data depth, consistency, and quality
  • Improve communication between TIRA and supervised entities
  • Provide the ability to perform ad-hoc data analysis
  • Provide the ability to extend system over time to include new data activities

To learn more about TIRA, visit http://www.tira.go.tz/
To learn more about Bank of Tanzania, visit http://www.bot-tz.org/