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| - All-inclusive module for calculations - Integrated into business applications - Easy to use and upgradable formula workshop - Access to the actuarial knowledge base | ||
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. The formulas can also be accessed by Excel. abaCal enables you to create any multi-dimensional table you want and access it from the formulas. Existing tables are already pre-defined for life insurance (mortality tables, for example). For non-life insurance calculations, you can create specific tables for frequency or average costs. | This print screen shows the following formula  |