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Configure a life assurance product on the AART and compute monthly, quarterly or annual valuations. Run SCR Shocks, Sensitivities etc. Can Run IFRS17 GMM, PAA and VFA calculations. Can generate IFRS17 sub-ledgers. Can run IBNR Calculations choosing from various methods. Can derive assumptions using experience investigations module. Can goal-seek annual premium for a given life assurance product such as a funeral product, life cover, credit life etc.
Depending on the complexity of the requirement it can be anything from 1 day to two weeks.
The user has access to a rich library of formulae used on the AART.
Collaborate with ADS to develop a cutting edge solution for the business. Adapt our financial software development foundation and Lessons.
Although AART is our flag ship product we do offer other solutions such as User Computing Tools, Application Development etc.
AART is built for collaborative structure. Multiple users can work on the same workspace.
Standardized functionality can be built, on request, but parametrized to meet specified needs.
Can upload csv files and download csv or xlsx files.
Server or Cloud, MySQL, PostgreSQL or any Database
1. Spend time to understand data and results. Producing results without appropriate interpretation adds no value to the business.
2. Extract insights from data. The saying that Data is new gold can only be true if indeed data is extensively analysed, with movements between periods well understood and interpreted.
3. Always ensure controls are built throughout the process and are continuously reviewed or advanced.