Although small in submission volumes this year, Celent observed greater activity around consolidation of reporting tools and MI infrastructure as insurers looked to reduce costs and make more effective use of previously purchased solutions. As a result, Celent found that much of this activity had moved into the complex world of actuarial engines. Additionally, a growing global interest in capital modeling driven by a combination of economic pressures and local regulator activity has resulted in new initiatives focused on engine consolidation, global platforms and, for some, a fresh burst of cloud activity.