ADVISE™ - European Embedded Value

Streamline Your Efforts

You can dramatically streamline your efforts to produce an EEV by putting the output from your deterministic liability models into ADVISE – EEV. ADVISE –EEV will then convert the data into a fully dynamic liability model and integrate it into a whole company stochastic model. This stochastic projection, storage and analytic platform frees you from the constraints of traditional modeling technologies. For example, ADVISE – EEV supports an unlimited number of paths and computers, giving you maximum modeling flexibility to calculate a more accurate cost of financial options and guarantees. Plus, you can fully incorporate management rules to more closely simulate real-world decision-making and deliver an accepted, actuarial certifiable EEV. ADVISE – EEV:

• Delivers an integrated asset model so you can base your EEV on a realistic representative asset portfolio including equity options, interest rate hedges and fully programmed HGB accounting.
• Provides a robust executive decision engine, which helps you optimize decision-making by making it is easy to set both simple management rules and investigate the impact of more sophisticated asset, liability and capital management strategies on EEV.
• Offers flexible supplemental models, allowing you to create a whole company model including inter-company transactions, special reinsurance deals and more.
• Supports dynamic profit sharing. For example, ADVISE - EEV allows an assessment of the extent to which terminal bonus can be used as a cushion.
• Supports dynamic policyholder behavior. For example, you can use ADVISE -EEV to determine how the response of level of surrenders to changes in the economic environment impacts the EEV.

Ease the Independent Review Process

ADVISE – EEV makes the independent review process easier by supporting standard EEV publication requirements and automatic production of normal reviewing actuary requirements. With ADVISE – EEV, you gain actionable insight into the meaning of your EEV results, so you can take advantage of them to better manage your business. What’s more, sophisticated analytic tools provide all the information you need to prepare board quality reports and presentations. These tools make the results easy to analyze and understand, further enhancing your ability to leverage them to drive your strategic business plans.

Leverage State-of-the-Art Technology

ADVISE-EEV is quick and easy to implement. This cost-effective solution offers an intuitive interface that makes the software easy-to-use. The software is also designed to be backward compatible, so upgrades are easy to implement and support. In addition, ADVISE-EEV delivers superior customization and maintenance capabilities because the business logic is distinct from the projection logic. This gives you the ability to customize the software in an environment that can be seamlessly updated when software enhancements are made available.

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