MATLAB and Simulink Seminars

On-Demand Risk and Actuarial Analysis with Model IT & MATLAB

Overview

With Solvency II, running insurance companies can turn the focus onto using modeling power for business planning. Join this seminar to find out how MATLAB can assist you in providing on-demand results for all stress tests, what-if, hedging and business planning needs using intelligent proxy models of liabilities. The proxy models can be fitted without having to make any modifications to existing heavy models. Learn how to use MATLAB to automate your workflows, from importing data, modeling and all the way to production, dealing with big data and accelerating the models using parallel processing.

Please note: MathWorks will share the registrants contact details with Model IT.

Who Should Attend

  • Actuaries
  • Insurance, life and non-life companies
  • Risk Managers
  • Consultants
  • Anybody interested in financial modeling with MATLAB

Agenda

Time Title
08:30-08:50 Registration
08:50-09:00 Introduction
09:00-09:45

Model IT Facilitates On-Demand Risk and Actuarial Analysis

Presenter: Osmo Jauri, CEO, Model IT

  • META model approach to advanced services
  • Creating interactive MATLAB GUI for market and insurance risk analytics
  • Embedded technologies to provide new insights to financial analysis
09:45-10:15

Fennia Group Capital Modeling with MATLAB and cFrame

Presenter: Timo Salminen, CFA, Head of Capital Management, Fennia

  • Fennia Group is using MATLAB and Model IT's cFrame solution to model and monitor group's capital position and hedging strategy. In his presentation, Timo Salminen will introduce key elements of Fennia's ALM strategy and show the capabilities of the modeling solution.
10:15-10:45 Break
10:45-11:45

How to use MATLAB for the Complete automated workflow. From data import, policies and company modeling and risk analysis to production:

Presenter: Paula Poza, Financial Application Engineer, MathWorks

  • Data import from different sources
  • Modeling, visualizing and Reporting (for Life, Non-Life, investment, general company strategies):
  • From prototyping to Production
  • We will show how MATLAB can also be used as a model governance tool
12:00-13:00 Q&A and Lunch

About the presenting companies

MathWorks is the leading developer of mathematical computing software. Engineers and scientists worldwide rely on its products to accelerate the pace of discovery, innovation, and development. MATLAB®, the language of technical computing, is a programming environment for algorithm development, data analysis, visualization, and numeric computation. Simulink® is a graphical environment for simulation and Model-Based Design of multidomain dynamic and embedded systems. The company produces nearly 100 additional products for specialized tasks such as data analysis and image processing.

In just a few lines of MATLAB® code, you can prototype and validate computational finance models, accelerate those models using parallel processing, and put them directly into production. Leading financial institutions use MATLAB to 

  • Analyze large data sets, create custom actuarial models, and easily accelerate the simulations using parallelization.
  • Build custom risk models using MATLAB as a platform for Solvency II.
  • Price various insurance products such as variable annuities, guaranteed minimum benefit options, term assurance, and endowment policies. 

Model IT offers innovative software products, advisory services, and tailored solutions for the financial sector. Model IT’s core analytical products are MATLAB® based and provide market-leading interactive visualisations for exploring and managing risks in the balance sheet. People at Model IT have a strong background in banking and insurance, and their core competency is understanding the business their clients run.

The Fennia Group consists of Fennia, Fennia Life, Fennia Asset Management Ltd and Fennia-service Ltd. Together the companies offer their clients competitive, high-quality non-life and life insurance and asset management services. foundation.
The Fennia Group provides various risk management and insurance services for enterprises, their personnel, entrepreneurs and private households, as well as flexible client financing solutions.

 

Registration closed