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Model Compression Software
ACCUTILITY
ARC now offers a utility to compress model points from seriatim populations with a compression ratio and accuracy far superior to traditional methods
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Compression of 90% to 99% with minimal accuracy loss
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All types of insurance business popluations as well as assets and scenarios can be compressed
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Speeds up the model and significantly reduces memory requirements significantly allowing advanced analysis
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Can be incorporated into production modeling processes
How it Works
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You need:
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A working actuarial model (any platform) that can produce results at a model point level
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Seriatim population in model point or text format
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A set of economic scenarios
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Accutility uses a combination of clustering techniques to cluster model points together and reduce the number of model points while retaining accuracy
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The model is run seriatim using 3‐5 key economic scenarios to create key financial information by model point which is then used to map model points together
