A recurring theme at many recent actuarial conferences and club meetings has been the anticipated impact of PBA on actuarial software and modeling. Everyone agrees that the increased demands of both deterministic and stochastic calculations will require better software and more computing horsepower.  But vendors differ on how substantial the changes required will be for them.

Only AXIS is well positioned to cope with the demands of PBA now.

• AXIS is a fully integrated complete software solution designed to perform full seriatim calculations for deterministic valuation and aggregate asset/liability analysis both of which are required under PBA.  AXIS has been used in a PBA environment in Canada for more than 15 years and will soon be used for IFRS too. AXIS supports Stochastic Analysis both at the valuation date and at future dates within a projection path as well as dynamic hedging within projections.
  
• AXIS is already fast and flexible, yet it is being continually enhanced to respond to changing needs, and to exploit the power of evolving technology. 
  
• Our proprietary GridLink solution is highly scalable, fault tolerant, end user friendly, and it very effectively leverages your IT investments. GridLink can reside within corporate Grid environments or stand on its own.
  
• Best of all, AXIS delivers the optimum balance of flexibility and performance in a robust, secure, auditable production environment, enhancing the performance of your actuarial staff.

For more information on the projected impact  of PBA, please read the attached article. 

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Why face tomorrow's needs with yesterday's technology or rely on promised undeveloped solutions that may not work?  Call us to learn more about state of the art software that has been proven in practice: AXIS.