Prophet Calculation Engine Web Site
Key features
The key features of the Prophet Calculation Engine are:
- Prophet is used to provide the actuarial calculations:
- Existing Prophet users can capitalise on their existing investment in Prophet by easily applying their existing expertise and code to many more applications.
- New users can develop and test their actuarial code using a tried and tested system specifically designed for this purpose.
- The purely systems aspects of the application can be developed with no knowledge of the details of the actuarial calculations. Your systems experts only need knowledge of the inputs needed and the outputs produced by the actuarial calculations.
- Complex calculation features can easily be incorporated, such as goal seeking and price elasticity
- The basis of the calculations can be quickly changed in response to market conditions
- Gives high performance using compiled C code
- Can also be used by companies internally on an intranet or direct from policy administration systems