Simplified management and security of proprietary rating models
FINEOS Rate streamlines the management and security of proprietary rating models through its patented, user-based authorities and graphical configuration rating tools.
Real-time, what-if analysis
Actuarial teams have direct control of the underlying data required for rate calculation, re-rating and scenario modeling. Intermediate calculations can be tested in real-time and validated before committing to implementation.
Built-in version control, including rate rollbacks
FINEOS Rate includes built-in version control to more effectively manage changes to algorithms and rating factors. Rate changes can be easily implemented or, when needed, rolled back to prior versions without IT resources.