FactSet - Cash Flow Testing
Type of system
- Analytics
- Asset/liability management
- Capital modelling
- Data management
- Economic / risk scenario generator
Type of platform
- Cloud
- SaaS
- Web-based
Other features
- Curve-fitting
- Least-squares Monte Carlo
- NAIC Principle-based reserving
- NAIC RMORSA
- LDTI
- NY7
- AG43
- AG50
- PBR
- Economic Capital
Has the product an open API? Yes / No?
We offer APIs for uploading data and scenarios used for cashflow batches. APIs can also be used to run single-security analytics and cashflows.
What are the typical implementation costs for your product?
Implementation costs vary based on a variety of client-specific products.
How long does your product take to implement on site?
Cash Flow application runs on the cloud and can be implemented within zero to three months.
Please name companies that use the system/product
FactSet doesn’t disclose client names. However, the largest global insurance firms use FactSet for cash flow testing, scenario analysis, and regulatory capital management.
Product summary: Please summarise your product’s key points for re/insurers in no more than 100 words.
FactSet’s Asset Cash Flow Testing application can integrate scenarios from all third-party or in-house scenario generators and output projections to all major actuarial systems. FactSet uses Intex for structured credit and internally sourced terms & conditions for all non-structured securities.
- The technology built for cash flow testing allows a distributed cloud deployment on-demand to finish the largest number of jobs.
- Full repricing cash flow engine with the ability to incorporate interest rate shocks using multiple reference curves and rating transition matrices for horizon valuation.
- Robust prepayment and loss modelling framework that automatically assigns prepayments and losses based on collateral characteristics.