FLEXIBLE & OPEN PLATFORM
addactis® Modeling proposes a complete framework to design and maintain models adapted to specific requirements for internal and regulatory purposes. Flexible, addactis® Modeling solution provides models ready to use that can be adapted to many expectations embedding advanced tools and technologies to ensure the best runtime. Moreover, from input management to results visualization and outputs export, addactis® Modeling is a fully integrated interface that links input data to different types of data sources and automatically exports results after each run in standard formats. addactis® Modeling proposes a fully-integrated interface to directly browse results after a run or later, and to export customized reports directly in Excel spreadsheets. addactis® Modeling’s integrated compiler provides algorithms to analyze models and to determine execution tree and distribution possibilities. Other features as debugger, profiler, instantiation engine make model development easy. With its model run automation, addactis® Modeling contains a dedicated scenario feature to allow launching multiple runs of the same models while changing some input data. Thanks to a powerful calculation engine, addactis® Modeling embeds some algorithms to minimize memory footprint and release memory during calculation according to users specifications.
LARGE LIBRARY OF MODELS & INSURANCE FUNCTIONS
With addactis® Library, addactis® Modeling contains a large range of models and functions tailored for standard modeling insurance needs:
- Regulatory models: Solvency 2 calculations models or assimilated (SCR calculation, ORSA, and QRTs preparation), valuation of IFRS 17 indicators, other local norms for capital requirement calculations;
- ESG models to produce economic scenario in risk neutral and real world environment;
- ALM models to estimate future cashflows according to economic scenario and company business and strategy;
- Reinsurance optimization models;
- Calibration models.
addactis®Library aims to provide accurate models adapted to each markets specifications and each local requirements. According to regulations updates, addactis® Library’s models are constantly improved.
CUSTOMIZED TRAINING & MODELING BEST PRACTICES
As modeling challenge is complex for each (re)insurance company, addactis® provides with addactis® Modeling dedicated training sessions to make sure that your modeling teams will be comfortable with the platform and the models. addactis® experts provides addactis® Modeling’s users with modeling best practices to optimize your model implementation on computational and functional aspects from input data to analyse outputs.
In addition to services around models, addactis® teams provide also regulatory requirements interpretation.
FROM REGULATORY CONSTRAINT TO BUSINESS MANAGEMENT
Thanks to its flexibility and computing power, addactis® Modeling can address many actuarial challenges and produce various indicators while capitalizing on the original models and data you work on. For instance, in addition to regulatory capital requirement calculations, addactis® Modeling can be used to provide exports dedicated to internal strategic studies, to automate reserve calculations, to optimize reinsurance or to tariff new products.