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Consulting
PROPHET
Why choose ARC for your Prophet solutions?
At ARC, our expertise with Prophet is unparalleled in the industry. With a team boasting 15-20 years of experience, we offer deep, specialized knowledge that sets us apart. From 2004 to 2014, ARC was the North American distributor for Prophet, handling everything from sales and helpdesk support to library development, training, and implementation. Our extensive experience means we’ve assisted nearly every Prophet customer in the U.S., making us a trusted partner for your Prophet needs.
ARC has the expertise to help you with the following tasks...
Implementation
Whether you are implementing Prophet for the first time or consolidating other projection systems to Prophet, our Prophet experts are ready to help. The planning stage for your Prophet implementation is key. Whether you are looking for a domestic or an international solution our team of model architects can help at each step along the way and deliver high-value solutions rapidly.
Use ARC in a staff augmentation role to reduce the strain on your resources and reach your milestones faster. Whether you have routine tasks such as the entering of plan data, coding product features, establishing assumptions, or have more complex needs like a full end-to-end solution or comparative analysis of projection results, leveraging ARC and our highly trained and experienced Prophet resources is your best option!
Library Upgrade / Migration
ARC has highly certified Prophet specialized resources that can help keep your Prophet libraries current and incorporate enhancements to your existing models.
Model Review
ARC has world-class skills which can review your models to ensure:
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Model integrity
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Model consistency
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Performance Optimization
This will enable improved model performance and compatibility with new library releases.
Valuation
We know valuation! ARC has been providing reserve calculations for over 25 years and our Prophet experts are available to assist you in performing the projection and valuation tasks required for your business. We have assisted clients with cash flow testing, calculations for statutory reserves principle based reserves, GAAP LDTI calculations and disclosure reporting, required capital (domestic and international).
Asset Liability Management
Whether you desire a simple ALM solution, or a complex solution involving advanced and unique ALM strategies to quantify risk, evaluate alternative management strategies, and optimize return based on your risk appetite. ARC has the Prophet experts to get it done.
Enterprise Risk Management
Our experts can help you implement processes to meet your corporate risk management needs. We have assisted clients in implementing Solvency II and stress test processes to quantify the underlying risk for a variety of risk drivers.
Pricing
Our team of Prophet experts are available to perform or assist you in the design and pricing of new innovative products. We have assisted clients in implementing new product features, as well as implementing new model pricing functionality. We can help your organization solve for required pricing metrics and extract the information for various pricing cells to aid in the review of pricing results.
Corporate Model Governance Services
Your models can’t be considered “models” unless you have strict model control and validation procedures. ARC is here to help and our experts with years of Prophet and general modeling experience, can help identify potential pitfalls that may cause challenges with future development.
Process Review
Keep your hands to yourself and make your auditors smile!
ARC can help you automate the entire end-to-end process from admin system to ledger. Our Prophet experts are available to assist you in reviewing your current processes and provide recommendations to improve your processes on the front and back end of your models. This will minimize or eliminate the need for individual involvement in the construction of data and assumptions for your projection needs and allow your actuarial staff to focus on providing valuable management decision making analytics.
Reporting
ARC can help you make the most out of your projection results. From model design to data analysis, we can help you extract the data you desire, efficiently manage that data and produce the various reports, analytics and management summaries to assist you in your projection requirements.