ADVISE - Advanced Stochastic Modeling

ADVISE™ - Advanced Stochastic Modeling

Optimize Financial Decision-Making

Insurance companies still managing their businesses in silos are standing in a field of uncertainty when it comes to truly understanding their business risks. DFA removes the uncertainty by providing insurance companies with ADVISE, the only comprehensive financial simulation engine capable of modeling an entire company. With ADVISE, companies can now optimize financial decision-making across all interrelated aspects of their business.

Gain a Competitive Advantage

With ADVISE, your company can achieve real competitive advantage through greater accuracy in decision-making, regulatory and ratings agency compliance, and in the allocation of capital and resources. Now, more than ever before, gain greater visibility to identify which parts of your business create shareholder value or destroy it. This scalable software platform delivers total company modeling with the ability to incorporate management decisions and business rules to better reflect real-world actions. Sophisticated analytics, a state-of-the-art economic scenario generator (GEMS™), and board quality reporting provide ADVISE users with capabilities unparalleled in the industry.

Designed for Your Business

ADVISE delivers an entire suite of modular solutions that are tailored to the specific needs of insurance firms. Explore a company-wide ERM solution with ADVISE - Enterprise or start with one or more focused “quick win” applications and easily add more applications to move to a company-wide ERM environment over time. Select your business to learn about individual applications tailored to your business.

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ADVISE – Benefits for Business

By providing companies with enterprise-wide financial modeling, DFA’s ADVISE software enables companies to have an aggregated view of all aspects of their business.

ADVISE – Benefits for Business

Benefit from the Best of Both Worlds

ADVISE combines the power of complete business logic in liabilities, investments, accounting and economic scenarios for comprehensive, enterprise-wide modeling with the flexibility of a toolkit or spreadsheet. Users can begin parameterizing and running models immediately - no need to spend time building and maintaining code - and built-in toolkit functionality provides flexibility to tailor the system, without the need for custom programming.

Answer Critical Business Questions Using ADVISE

  • How much capital is needed to support current and future business?
  • How does this relate to ratings safety?
  • How should capital be allocated to business segments?
  • Which segments create shareholder value or destroy it?
  • How much does each segment contribute to earnings uncertainty?
  • Which segments can provide profitable growth?
  • How can we price properly for risk?
  • Where does reinsurance & hedging create value or destroy it?
  • What are the criteria for evaluating marginal risk/reward?
  • How can you implement a process that connects the Board’s risk tolerance and return goals to planning and execution?

Learn More

White Papers

Make an Informed Choice

“Enterprise Risk Models for Insurers: How to choose the right technology for your company.”

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Optimize Financial Decision-Making

“Moving from Dynamic Financial Analysis to Dynamic Financial Management.”

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Get Expert Opinions

Learn what industry leaders including Harry H. Panjer, Ph.D., have to say about GEMS.

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