Solutions for Groups

ADVISE™ - Advanced Stochastic Modeling

DFA’s breakthrough analytics tool ADVISE™ (Advanced Decision and Value Simulation Engine) is a robust stochastic, Monte Carlo simulation tool with the ability to project the full range of possible future outcomes to give Groups the visibility they need to properly assess and manage risks. Benefits for your company include:

• Greater accuracy in strategic decision-making.
• Improved regulatory and ratings agency compliance
• Better allocation of capital and resources.
• Rapid turnaround time using a high-performance, scalable solution.

ADVISE is a multi-user platform that facilitates sharing models and results within a team and enables the development and simulation of large-scale models with large numbers of scenarios and/or time periods. The model can be easily customizable for numbers of segments and model points, statistical distributions for insurance models, types of reinsurance contracts, interaction of treaties, group structure, and determination of dynamic strategies. All this, and more.

Optimize Financial Decision-Making

ADVISE enables you to optimize financial decision-making across all interrelated segments of your business. Your company can start with one or more focused “quick win” applications and easily add more applications to move to a company-wide ERM environment over time.

• ADVISE – Enterprise: Increase shareholder value and improve compliance with ratings agencies and regulators through total company modeling.
• ADVISE – Solvency II: Enable compliance with this mission-critical European regulation.
• ADVISE – EEV: Enables you to take output from your deterministic liability models and convert to dynamic liability models to calculate an EEV faster and more cost-effectively than with traditional methods.
• ADVISE – Asset Liability Management: Model both assets and liabilities and the feedback loops between them to design the optimum investment and hedging strategy for your company.
• ADVISE – Capital Allocation: Examine your company’s portfolio of businesses in detail to determine exactly how much capital your company will need.
• ADVISE – Reinsurance Optimization: Conduct sophisticated reinsurance analysis to more intelligently manage your company’s portfolio of insurance liabilities.
• ADVISE – Strategic Planning: Better manage relative contributions to performance by product, evaluate the efficiency and value of product portfolios, and leverage strategic analyses to exploit competitive advantage.
• ADVISE – Performance Management: Improve ROE and earnings growth by setting clear benchmarks and measuring the results.
• GEMS™ – Economic Scenario Generation: simulates a company’s operating environment, providing a common economic modeling framework across the enterprise to ensure consistency.

Benefit from ADVISE Asset Accounting

ADVISE provides a comprehensive range of asset classes and full accounting functionality including IFRS, HGB and U.S. GAAP accounting, which saves you programming time and simplifies the ability to compare accounting regimes. Additionally, the robust capabilities included in ADVISE allow you to work with an optimal representative portfolio, e.g., for ALM, or with a full asset portfolio to do more effective business planning.

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