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…
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.
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?
Released in September 2021, the latest version of the platform includes a wealth of new features & functionality designed to meet the requirements of traditional insurers and start-ups. Whether you’re a new user or upgrading from an earlier version, here are some of the key enhancements you’ll find in Mo.net v7.5…
This case study explores how Mo.net can be used more flexibly than initially imagined. Although Power BI seemed to be the correct solution for this redress project, Mo.net proved to be a far more efficient solution.
Spreadsheets are a much-loved tool within the actuarial community. A recent survey conducted by the Institute and Faculty of Actuaries found that 98% of respondents use Microsoft Excel to perform various day-to-day tasks. But how useful are they?