Software and Actuarial programs

We have developed different provisional models that taking into account different demographic-economic and financial scenarios enable the preparation and draft of the Technical Actuarial Balance based on the methods of the stochastic simulation (MAGIS) and of the so-called “averages values”.

Our models offer technical and functional customized solutions. These can be assembled ad hoc, depending on the client’s specific requests and needs. Main features of the models:

• Easy to use
• High flexibility
• Integration with standard environment
• Easy installation of the periodical updating
• Accessible on the web with different type of devices.

These models have a knowledge-base structured on:

• personal data of the entitles (working or retired people)
• demographic technical basis obtained from the internal data available to the Fund/Body or to external sources.

More input data work as a variable able to influence the calculation of the contributions, the future liabilities and the equity revenues. In particular:

• Income increase dynamics,
• Seniority of contributions,
• Variation in the tables of mortality rates,
• Inflation trends and macroeconomic magnitude,
• Retirement requirements,
• Quantity and distribution of the new entries,
• Other parameters influencing the level of performance (e.g. Rates of the survivor pension).