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AFM/AFME

What is AFM (Algo Financial Modeler)?

Algo Financial Modeler is an actuarial modeling system developed by IBM that provides essential risk and value information to support reliable and efficient decision as well as regulatory reporting, business strategy, cash flow modeling, etc. AFM is used by over 170 companies around the world.
Regulatory Reporting

IFRS17

Solvency II

Local Statutory

Business Strategy

Business Strategy

Product Pricing

Product Design

Cashflow Modeling

Stochastic

Asset & Liability

Embedded Value

Regulatory Reporting

IFRS17

Solvency II

Local Statutory

Business Strategy

Business Strategy

Product Pricing

Product Design

Cashflow Modeling

Stochastic

Asset & Liability

Embedded Value

Why AFM?

Enables you to product solutions to completely reflect latest issues

  • IFRS17, Solvency II, Dynamic ALM and other features to completely reflect latest issues.

Fast and efficient optimum solution

  • We provide fast and efficient service for domestic actuarial tasks with optimum solutions.
    1. 64-bit Processing and Grid Computing 64-bit processing compatible newest module and provide Grid Computing for fast processing speed under HPC server computing environment.
    2. Multiple-Thread function (parallel processing) AFM model is able to perform parallel processing.
    3. Optimized memory usage Because AFM has optimized Memory Manager which can place frequently used actuarial modules to memory, less Disk Swapping occurs while processing large amounts of scenario and hence have fast processing speed.
    4. Runtime module code optimization function
      - Live mode property in model runtime only processes necessary codes that are required specified results and it increases running speed.
      - Unnecessary variables are omitted during computational processes and it increases performance.
    5. Provides high performance actuarial functions
      - Provides pre-designed function for high performance actuarial models.
      - Event function removes unnecessary step calculations and optimizes performance speed without losing accuracy through flexible layer structure
        that contains inherent module.

Best operating environment

  • Flexible model development, processor based modeling and best operating environment.
    • Algo Financial Modeler

      AFM models developed by central modelling team

      Master version stored on security controlled network

      Production versions uploaded to entity folders in AFME for reporting periods

      Any model development to be undertaken and controlled by central modelling team

    • >
    • Algo Financial Modeler Enterprise

      AFM models uploaded to AFME secure server with full version control

      Access password controlled with unlimited users

      No knowledge of AFM needed Users can amend key runtime parameters such as data and assumption location

      Results analysed post run via external developed reports

    • >
    • Algo Audit & Compliance

      All underlying existing data checked into repository

      Reports produced from original data and calculated values

      Some external reports used for checking and analysis

"High-tech" System AFM – new market share rank #1

Solution for statistical computation
AFM has been implemented by more than 170 companies around the world for guaranteed reserve calculations and statistical computations.
AFM is maintaining the first rank in new and transitioning market with increasing demand for statistical computation methods.
Solution for actuary not for IT
AFM environment and structure are easy to use and learn. IT involvement is not necessary for guaranteed reserve computation and it reduces expenses and employment for maintaining and managing the models.
Outstanding extensionality and variety functions
AFM is equipped with accuracy, speed, verification, audit, etc. and it can be readily extended for pricing, hedging etc. which require stochastic tests. It certainly can maximize investment for AFM implementation.