The demanding regulatory environment increasingly places challenging stipulations around the number of model runs required and the timeframe in which results are to be produced. Combined with the ever-increasing volume of data that most insurers wish to process this can drive the need for a scalable model solution.
Software Alliance’s Su Berry spends 5 minutes with Cornelius Franken of CJF Consulting to discuss his experience with Mo.net and the benefits it has brought to his actuarial modelling processes.
Despite the insurance industry’s historically slow adaptation to change, recent years have witnessed numerous efforts to modernise the actuarial function. Several of these initiatives have gained significant traction. However, many still fail to deliver on their anticipated benefits…
As part of Mo.net 7.6, we have extended the external interface to compiled Mo.net tasks so that it now accepts a Python list. This update allows a new array of inputs to be passed from Python to the compiled Mo.net task DLL without having to create an intermediate inputs file.
In today’s complex and uncertain world actuaries are spending less and less time focused on the tasks they were hired to do. So, how did we get here and how do we fix it?
Modelling platform migration is a process that provides significant benefits to the business and allows you to realise the full potential of your modelling capability. It’s not so much about new features, but more about cost savings, risk mitigation, innovation and faster delivery.
We sat down with Software Alliance’s founder Stephen Curle to learn about the company’s highs and lows in the early days, and his thoughts on the future of financial modelling.
One thing that I’m frequently asked is how client models can be better integrated with database or data warehouse environments. This article explores what else might be possible with Mo.net…
Are actuaries and other “power users” of Excel using their ingenuity to solve solutions with a relatively limited set of functions… or are they ignorant of other functions that may be better suited to the particular use case?
Lisa Accos at Hachshara provides an in depth review of how the Israeli insurer improved their model to meet the new IFRS 17 reporting requirements.