Software Updates

  • PolySystems Testing Services for Tax Reserve Impacts

    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.

  • Now Available: Support for VM-22 in IncomePay

    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:

  • Now Available: PolySystems Launcher Utility

    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:

  • Now Available: PolySystems Global Assumptions Utility for Stress and Scenario Testing

    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 and delivers stress base results […]