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Time-to-market and the flexible administration of products and formulas are becoming ever more important in the industry. The number and variety of products will continue to grow. In this challenging environment, abaCal offers professionals a tool to respond to customer needs faster and in a more cost-effective manner.
There is demand for a new product? This is your chance. Since you can influence the various parameters (rates, guarantees, rules, etc.), you can develop your product to exactly correspond to the given requirements. You can also conduct simulations and test your product. This gives you greater flexibility and enables you to go market more quickly.
| > | abaCal opens up new possibilities. Since you achieve the desired results directly, you can work with complex formulas to design products, implement new rates, adapt plausibility checks, and integrate multi index mortality tables.There is no need for new developments or adaptations from the IT side. | | > | In abaCal the actuarial formulas are presented in a user-friendly pseudo language, which allows you to work on commutation figures, predefined functions, and arithmetical and logical operations. | | > | abaCal enables you to create formulas, run simulations, and consult all your interim results. > Once the formula is ready, it can be made available for production. abaCal is a single, central module that can be used to generate products and calculations for your entire business. The formulas can also be accessed in Excel using macros. | | > | abaCal also enables you to create any tables you want and access them from the calculation module. For calculations, you can create specific tables for frequency or average costs. | | > | Integrate abaCal and it’s calculations into your application. There is a common SOA interface, which allows you to use abaCal in you application, for instance you can use a formula calculation in your Excel Sheet. |
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