Month: February 2022

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February 2022: New Snowflake Integration, New Dimension for Reporting on Array Values and additional changes

NEW

Snowflake Data Integration

SLOPE’s integration with Snowflake allows clients to directly access their results data in a secure environment without having to copy, move or reconstruct data (ETL). For more information on this integration, please reach out to your account representative.

IMPROVEMENTS

New Array Value (Numeric) Dimension in the Analyze Module

Model Point, Product, Portfolio and Company Explores now have a new “Array Value (Numeric)” dimension in which Array Values are converted to a numeric value so these results can be sorted in numeric order on dashboards.

CHANGES

Mortality Tables have been renamed “Decrement” tables.

This change is to provide a more comprehensive description of the tables created and edited in this section including the addition of Improvement Scales in a future release.

FIXES

  • Formulas in large models will now save more quickly.
  • The Academy Interest Rate Generator will now generate a file when variable rates are not configured on the Economic Scenario Structure.
  • Projection scenarios are no longer erroneously showing as failed while still running. 

Posted on

Library Update 2022.1: New Long Term Care Product, ALM Dashboard, and Updates

New Products

  • Long Term Care

Updates

  • US Statutory Valuation Rates Updated through 2022
  • Several Standard Tables were updated to use new default row option logic
  • New Mortality Tables Added to Library
  • Lapse Rate Tables updated to be by Issue Age and Policy Year by default on all products
  • Externally Projected Asset Product Updated to use a central lookup table to support multiples types of EPAs in a single run
  • Gross Premium Calculation Method lookup moved to Run Settings table to more easily allow switching between in-force and pricing runs

New Dashboards

A new ALM Dashboard is available in the System Dashboards > Portfolio folder

Coming Soon

The next library release will include support for several major new pieces of functionality including:

  • US GAAP LDTI
  • IFRS-17
  • Solvency II
  • Bermuda Solvency Capital Requirements

Extra testing effort is being put into this release to ensure that all this new functionality works well with the Library. We are currently targeting a Q2 2022 release.