PolySystems is enhancing our software for all lines of business to support the 2017 tax law. To view the release notes for these updates, please log in to the Poly Client Portal.
The new tax law changes how reserves are computed for the purpose of determining taxable income. All policies in all lines of business are affected. These changes happened quickly. Many are now left wondering what the impact might be as we go into year-end work. These changes will not impact the 2017 tax returns, but some ponder how cashflow testing will be influenced.
VM-22 requires a new process for defining valuation interest rates and is effective for issues beginning 1/1/2018. PolySystems made the following enhancements to the IncomePay screen system and calculation engine to support this new requirement: New fields on the NAR and PDH to look up the correct interest rate. New [...]
PolySystems Launcher Utility provides actuarial users with a point-and-click GUI interface for custom control over the automation of run processes without the knowledge of a special IT language. The Launcher Utility has an intuitive structure for building out a scripting overlay and features the following: a process scheduler that is [...]
The Global Assumptions Utility facilitates stress and scenario testing and reverse stress testing for multiple projection purposes, including ALM, cashflow testing, risk analysis/ERM, MCEV/EV, economic capital, plan, ad-hoc stresses, PBR, IFRS, and pricing. In one pass, the program can scenario test and stress multiple assumptions. The Global Assumptions Utility captures [...]
PolySystems is happy to announce the arrival of an upgrade to AnnuityMaster. Version 10.1 is loaded with new features.
PolySystems is happy to announce the arrival of an upgrade to ULMaster. Version 10.1 is loaded with new features.