December 2020: Model Compare Overhaul, Investment/Sales Auto Allocation + More!

Another year over, and what a year it was. We hope that despite the challenges this year has presented, that each of you has something to celebrate as the year comes to a close. We stayed busy this year, and here is another round of updates to make everyone’s SLOPE experience even better. Here’s to more great things coming in 2021!

NEW

Model Compare & Merge Overhaul

The model compare and merge screens have been combined into a single feature and the interface has been completely overhauled to allow for easier navigation of changes.

A more modern interface, with auto-complete for finding models easier and the ability to swap source and target with a single click.
Sidebar navigation of model components with searching capability to quickly find changes. Scope the view to the changes you want to see, and merge changes that support it (indicated with an icon in the sidebar).

Investment/Sales Auto Allocation

A new option is available on asset (investment) and liability (sales) allocations to allow an automatic distribution based on allocation field across all products in the allocation, bypassing the need to manually set percentages on each product. This is the default option for new allocations.

Investment/Sales Allocation Versioning

Asset and liability allocations are now automatically versioned and can be viewed from the ‘Inputs Used’ section of the projection after it has been run.

IMPROVEMENTS

  • Table structure columns now have a “Description” field for additional documentation.
  • Array variables now show the array name on the relationship view as well as on hover of the variable name in the formula builder.
  • Further explanation of functionality appears when the Dynamic array option is selected during array create/edit.
  • Performance improvements have been made around copying, merging, and validating data tables.
  • The product output grouping dropdown on projections now has autocomplete functionality.
  • Only configured tables appear on completed projections in the Execute module, preventing blank table selections that were not actually used during the run from appearing.
  • Whitespace is now trimmed from variable names, preventing accidental spaces in names which can cause confusion in the reporting module.
  • Models are now sorted alphabetically on the ‘Create Projection’ dialog.

FIXES

  • Nested table cells with no table to select are now properly handled, and a message is displayed that no tables are available.
  • Merging a new array now also merges the array values.
  • Fixed an issue causing some projections to get stuck in ‘Writing Final Results’ status after failing.
  • Fixed ‘Add New’ row button sometimes disappearing in the data table editor.

Library Update 2020.12: Disability Income, Interest Rate Swaps, A&H Accounting

A new version of the Slope Life Library has been released and made available. This update includes some new products, updates to accounting structures, and support for A&H products, which we will be releasing more of in the near future.

New Products

  • The Individual Disability Income liability product is now available. This product includes support for active and disabled lives. It includes accounting treatment for US Statutory and US GAAP bases. Multiple new tables were added to support this product as well.
  • The Interest Rate Swap asset product is now available. This product can be used to model swaps between fixed and floating payment streams.

Updates

  • Additional variables were added to Portfolio and Company level to support separate reporting of A&H policies in the income statement and balance sheet.
  • Accounting aggregation for claim reserves and claim expenses were added to Portfolio and Company levels
  • Disability Income Industry Tables were added to the model and are also available on the Industry Tables page of the Support site. This includes the 1964 CDT, 1985 CIDA, and 2013 IDI tables.