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Qlik Sense from Qlik
A modern analytics platform that allows users to explore data and generate insights through self-service visualization and dashboards, supporting augmented intelligence capabilities.
Product analysis by function
Predictive Analytics Platforms for Actuarial Department
Advanced tools that leverage machine learning and data mining techniques to identify patterns in historical data and make forward-looking predictions about risk factors and claims frequency.
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Data Integration & Management
(10 Yes /10 Known /13 Possible features)
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Multi-source Data Ingestion Capability to import data from multiple sources (databases, files, APIs, third-party partners). |
Qlik Sense supports integration with multiple data sources, including SQL databases, files, APIs, and third-party connectors as stated in product documentation. | |
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Automated Data Cleaning Automates detection and correction of anomalies, missing values, and inconsistencies. |
Qlik Sense has built-in automated data cleaning and profiling features, including data loading, deduplication, and field standardization. | |
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Data Transformation Pipelines Supports building workflows for data normalization, aggregation, and feature engineering. |
Qlik Sense enables building data transformation pipelines via its data load editor and script engine. | |
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Metadata Management Tracks data lineage, versioning, and schema evolution. |
Qlik Sense incorporates metadata management, including data lineage and field tagging, as referenced in Qlik's documentation. | |
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Big Data Scalability Handles high volumes of actuarial and claims data efficiently. |
Qlik Sense is designed for high data volumes, with distributed architecture for big data scalability. | |
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Real-time Data Streaming Support Ingests streaming data for real-time analytics. |
Qlik Sense supports real-time data streaming via Qlik Data Streaming and integration with streaming sources. | |
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Data Privacy & Masking Implements data masking and encryption for sensitive customer and claims information. |
Qlik Sense offers data masking and encryption features for data privacy and security. | |
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Audit Trail Maintains logs of data modifications for compliance purposes. |
Qlik Sense maintains audit trails for data changes and user actions as part of its enterprise governance. | |
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Data Retention Policy Management Configurable data archival and deletion to comply with regulations. |
Administrators can set data retention policies and control data lifecycle in Qlik Sense. | |
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Concurrent Data Processing Capacity Maximum number of data jobs processed in parallel. |
No information available | |
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Data Import Speed Throughput for importing data into the platform. |
No information available | |
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Scheduled Data Refresh Ability to schedule automatic data refreshes. |
Scheduled data refreshes are supported in Qlik Sense for automatically reloading data. | |
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Data Quality Scoring Quantifies the quality/accuracy of each ingested dataset. |
No information available |
Modeling & Machine Learning
(7 Yes /8 Known /12 Possible features)
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Wide Algorithm Library Supports diverse ML algorithms including regression, classification, clustering, and time-series models. |
Qlik Sense supports a wide algorithm library via integration with Qlik AutoML, R, and Python for regression, classification, clustering, and time-series analysis. | |
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Support for Advanced Techniques Includes neural networks, ensemble methods, and gradient boosting. |
With Qlik AutoML and extensibility with Python/R, advanced techniques including neural networks and ensemble methods are available. | |
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Automated Machine Learning (AutoML) Automates feature selection, model selection, and hyperparameter tuning. |
Qlik Sense AutoML offers automated feature selection, model selection, and hyperparameter tuning. | |
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Custom Model Development Allows users to build custom models using scripting languages like Python/R. |
Custom model development is possible via Qlik's advanced analytics integration with Python and R scripts. | |
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Out-of-the-box Insurance Templates Prebuilt model templates for claims frequency, severity prediction, lapse rates, etc. |
Not as far as we are aware.* Out-of-the-box insurance model templates (e.g. lapse, severity) are not a Qlik Sense standard; these templates can be custom-developed, but not provided directly. | |
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Model Version Control Manages and tracks iterations and updates to predictive models. |
Model versioning is available through Qlik's deployment and content management workflows. | |
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Model Training Speed Throughput of training new models on actuarial datasets. |
No information available | |
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Parallel Model Training Number of models that can be trained simultaneously. |
No information available | |
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Model Selection Metrics Diversity of available evaluation metrics (AUC, Gini, RMSE, etc.). |
No information available | |
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Model Explainability Tools Provides tools for interpreting model results, such as feature importance. |
Qlik Sense provides model explainability tools, including feature importance and SHAP explanations in its AutoML module. | |
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Bias Detection Detects and alerts to biased predictions or disparate impact. |
No information available | |
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Ensemble Support Ability to combine multiple models for improved predictions. |
Qlik AutoML supports ensemble techniques, as described in documentation. |
Prediction & Forecasting
(8 Yes /8 Known /10 Possible features)
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Batch Prediction Processing Generates predictions for large datasets in bulk. |
Batch prediction is supported using Qlik AutoML and/or integration with Python/R scripts. | |
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Real-time Prediction API Offers API endpoints for making predictions on demand. |
Qlik Sense supports real-time predictions via RESTful APIs and extension with external ML endpoints. | |
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Probability Output Models return probability/confidence scores alongside categorical predictions. |
Probability/confidence output is available in Qlik AutoML models and predictive integrations. | |
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Prediction Interval Support Estimates prediction uncertainty intervals (e.g., 95% confidence). |
No information available | |
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Forecast Horizon Flexibility Models support forecasts at various future intervals (e.g., 1 month, 12 months, life of policy). |
Qlik Sense models can be configured for custom forecast horizons; time-series analysis supports variable intervals. | |
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Scenario Modeling Allows what-if simulations to model impact of business/market changes on risk. |
Scenario modeling is possible through dynamic dashboarding and integration with custom models. | |
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Prediction Throughput Number of predictions the platform can generate per second. |
No information available | |
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Historical Backtesting Enables comparison of predicted vs. actual outcomes on historical data. |
Qlik Sense supports historical backtesting via data reloads and comparison between prediction and actuals. | |
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Automated Alerts Notifies users of outlier predictions or threshold breaches. |
Users can configure automated alerts within dashboards for outlier detection and threshold breaches. | |
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Customizable Output Formats Supports various output (CSV, JSON, dashboards) for consumption by downstream teams. |
Qlik Sense allows exports in diverse formats, including CSV/JSON, and interactive dashboards. |
Visualization & Reporting
(8 Yes /8 Known /10 Possible features)
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Custom Dashboard Builder Drag-and-drop UI for creating visual summaries of key metrics and predictions. |
Qlik Sense provides a custom dashboard builder with drag-and-drop UI. | |
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Interactive Visualization Users can drill down, filter, and explore predictions and model results. |
Qlik Sense supports drill-down, filtering, and interactive data exploration for users. | |
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Scheduled Reporting Ability to automate delivery of reports on a defined schedule. |
Reporting can be scheduled via Qlik Reporting Service and publisher module. | |
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Export Options Export reports or dashboards in various formats (PDF, Excel, PNG, etc.). |
Exports available in formats such as PDF, Excel, and image for dashboards and reports. | |
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Template Library Access to premade insurance analytical report or visualization templates. |
No information available | |
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Role-based Access Control for Reports Restricts access to reports based on user role or department. |
Role-based access for dashboards/reports is configurable via Qlik Sense security rules. | |
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Real-time Visualization Updates Dashboards auto-refresh when new data or predictions are available. |
Real-time dashboard updates are supported, e.g., with direct query to data sources. | |
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Visualization Elements Number of distinct chart types (bar, line, heatmap, etc.) supported. |
No information available | |
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Collaboration Tools Users can annotate, comment, or share dashboards directly on platform. |
Dashboards in Qlik Sense support collaboration with annotations, sharing, and public/private commentary features. | |
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Customization Capabilities Ability to customize colors, branding, and layouts of reports. |
Branding, colors, and report layout are customizable in Qlik Sense. |
Governance, Risk, & Compliance (GRC)
(4 Yes /4 Known /9 Possible features)
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Regulatory Compliance Modules Out-of-the-box compliance with IFRS 17, GDPR, Solvency II, etc. |
No information available | |
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Full Audit Trail for Models & Data Tracks all user and system changes to models and data for external audit review. |
Qlik Sense maintains a full audit trail for models/data with its governance and auditing modules. | |
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Data Retention Policy Automation Configurable settings for automatic data deletion/retention. |
Automatic retention policies can be implemented via governance rules in Qlik Sense. | |
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User Access Logging Records and reports all user actions for security and compliance. |
Qlik Sense offers comprehensive user activity logging. | |
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Validation & Verification Tools Ensures models are correctly implemented and results are accurate. |
Validation and verification of data/models are provided through Qlik's governance controls and model testing within AutoML. | |
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Automated Regulatory Report Generation Generates standard regulatory filings and templates. |
No information available | |
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Control Testing Frequency How often controls and compliance checks are run automatically. |
No information available | |
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E-signature Support Enables secure sign-off of models, data, and reports. |
No information available | |
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Access Control Granularity Number of distinct user roles and access levels configurable. |
No information available |
Collaboration & Workflow
(6 Yes /6 Known /10 Possible features)
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Task Assignment Assign users to data cleaning, modeling, or review responsibilities. |
No information available | |
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Progress Tracking Monitors status and progress of activities in predictive modeling projects. |
No information available | |
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Workflow Automation Automates hand-offs and approvals in actuarial analytic processes. |
No information available | |
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Comment & Discussion Threads Enables contextual comments and discussions on models and reports. |
Qlik Sense dashboards include comment and discussion threads via Insight Advisor Chat and community features. | |
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User Notification System Sends alerts and reminders to users as tasks progress. |
Qlik Sense provides notification and alerting capabilities for users. | |
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Version History Tracks historical changes and enables rollback if necessary. |
Version history is part of Qlik Sense content management for apps and dashboards. | |
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API Integration with Productivity Tools Connects with Slack, Teams, Jira, or email. |
Qlik offers integration APIs for tools like Slack, Teams, and email notifications. | |
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Concurrent Users Supported Maximum number of users who can work in the system simultaneously. |
No information available | |
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Project Template Library Library of workflow templates for common actuarial processes. |
Qlik Sense includes project/workflow templates and apps for common reporting and analysis tasks. | |
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Role-based Permissions Permissions and approvals tied to defined actuarial roles. |
Role-based permissions are available in Qlik Sense, configurable via security rules. |
Integration & Extensibility
(8 Yes /8 Known /9 Possible features)
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APIs for Data Import/Export Comprehensive, well-documented APIs for integrating data from/to external systems. |
Qlik Sense offers robust APIs for data import/export, as highlighted in developer documentation. | |
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Prebuilt Connectors Ready connectors to core insurance systems (policy admin, claims, CRM, ERPs, etc). |
Prebuilt connectors to major industry platforms, including ERPs, CRMs, and insurance systems, are available from Qlik. | |
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Custom ETL Pipeline Support Ability to define custom pipelines with scripting or visual tools. |
Custom ETL pipelines can be defined in Qlik via scripting or visual ETL-like workflows. | |
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SDKs Available Software development kits for popular languages (Python, Java, R, etc.). |
SDKs are available in Python, Java, and other languages for Qlik Sense. | |
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Plugin/Extension Marketplace Supports third-party extensions to expand functionality. |
Qlik's open API and marketplace support plugins/extensions. | |
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Webhooks Triggers for external workflow automation or downstream alerts. |
Webhooks for integrating external automation are available in the Qlik platform. | |
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Custom Algorithm Integration Users can implement and deploy their own predictive algorithms. |
Custom algorithm integration is possible via Qlik's advanced analytics and extensibility with popular coding languages. | |
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Data Lake/Data Warehouse Integration Native support for major cloud/on-premise data stores. |
Qlik Sense natively integrates with major data lakes and warehouses, cloud and on-prem. | |
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Integration Latency Time delay for updates to be reflected across connected systems. |
No information available |
Scalability & Performance
(3 Yes /3 Known /9 Possible features)
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Horizontal Scaling Support Can add more computing resources to support increased workload. |
Qlik Sense supports horizontal scaling by adding resources to support larger workloads. | |
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Elastic Scaling (cloud-native) Automatically expands/contracts compute resources as needed. |
Qlik Sense offers cloud-native elastic scaling as part of Qlik Cloud services. | |
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Multi-Tenancy Can securely support multiple teams or business units in one platform. |
Multi-tenancy is supported in Qlik Cloud, segregation of data and apps for different business units. | |
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Processing Latency Average time to process data or generate a prediction. |
No information available | |
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Maximum Supported Dataset Size Largest dataset the platform can handle efficiently. |
No information available | |
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Uptime SLA Guaranteed platform availability. |
No information available | |
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Disaster Recovery Time Objective (RTO) Max time to restore after an outage. |
No information available | |
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Peak Concurrent User Count Maximum users supported during peak load. |
No information available | |
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Instantaneous Prediction Throughput Immediate predictions delivered per second. |
No information available |
Security & Privacy
(8 Yes /8 Known /9 Possible features)
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Data Encryption (in transit & at rest) All data is encrypted both during transmission and when stored. |
All data is encrypted at rest and in transit according to Qlik’s security documentation. | |
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User Authentication & SSO Supports secure login and federated identity providers (Single Sign-On). |
Supports SSO and multiple authentication protocols. | |
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Granular Permissions Fine control of feature/data access per user or group. |
Provides granular permissions for user/group access. | |
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Anonymization Tools Methods for removing or masking identifiable information before modeling. |
Qlik anonymization and data masking tools are available for privacy compliance. | |
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Security Certifications Compliance with standards such as ISO 27001, SOC 2, etc. |
Qlik Sense Cloud is SOC 2 and ISO 27001 certified. | |
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Penetration Testing Frequency How often the system undergoes external security review. |
No information available | |
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Intrusion Detection & Monitoring Monitors platform for unusual or unauthorized activity. |
Intrusion detection and monitoring are included in Qlik Cloud’s security measures. | |
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Data Loss Prevention (DLP) Systems and policies to prevent data exfiltration or leakage. |
Qlik employs DLP controls such as export controls, encryption, and monitoring. | |
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Role-based Data Access Limits access to sensitive data based on user roles. |
Role-based access for sensitive data is supported and configurable. |
Usability & Support
(8 Yes /8 Known /9 Possible features)
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User-friendly Interface Easy-to-navigate UI for actuaries and analysts. |
Highly regarded for intuitive and self-service UI for actuaries and analysts. | |
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In-app Tutorials Built-in walkthroughs and help guides for new users. |
Includes walkthroughs, in-app tips, and guided analytics. | |
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Searchable Knowledge Base Comprehensive library of support articles. |
Qlik Sense has an extensive searchable help knowledge base. | |
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Onboarding Assistance Personalized onboarding training or webinars. |
Onboarding webinars, guided onboarding, and Qlik Academy offered to new customers. | |
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Dedicated Support Team Human support via chat, email, or phone. |
Dedicated human support via chat, email and phone is offered under support agreements. | |
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Community Forum Online community for user Q&A and sharing best practices. |
Qlik Community provides user forums and best practice sharing. | |
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Multi-language Support Interface and help available in multiple languages. |
Multiple languages are supported for product UI and help. | |
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Service Level Agreement (SLA) for Support Contractual commitment for response/resolution time. |
Tiered SLAs for enterprise and cloud support are described on Qlik's website. | |
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Number of Supported Languages The number of user interface languages provided. |
No information available |
Cost & Licensing
(7 Yes /7 Known /8 Possible features)
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Transparent Pricing Model Upfront disclosure of all costs (user, data volume, computation, etc.). |
Qlik publishes all pricing models and fees up front. | |
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Pay-as-you-go Option Only pay for actual usage, scalable for variable needs. |
Flexible pay-as-you-go and subscription options are available for Qlik Cloud. | |
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Enterprise Licensing Discounted, high-volume licensing available for large organizations. |
Enterprise licensing with volume discounts is standard for Qlik customers. | |
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Flexible User Licensing Licenses based on user types or concurrent users for cost optimization. |
User licensing can be based on named or concurrent users to optimize cost. | |
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Free Trial Availability Allows departments to try before committing. |
Free trial is available for prospective customers. | |
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Migration Cost Estimation Tool Calculates anticipated costs for migrating to the platform. |
Migration cost estimation calculator is available through Qlik's sales and onboarding teams. | |
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Support Cost Tiering Offers multiple support levels at varying price points. |
Multiple support tiers are provided, as referenced in Qlik's pricing/support documentation. | |
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Annual Pricing Increase Cap Limits on how much pricing can go up yearly. |
No information available |
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