AXIS Models

Moody’s Analytics AXIS actuarial system is a powerful modeling solution, used by insurers, reinsurers, and consultants for actuarial analysis of life insurance and annuity business. The AXIS actuarial system emphasizes performance, ease of implementation, flexibility, robustness, scalability, and transparency at lower cost of use. It delivers the flexibility to deploy large-scale computing power through an advanced cloud-based delivery platform or installed software. A flexible vendor-maintained actuarial system handles multiple applications such as reserving, asset and liability management (ALM), pricing, financial modeling, capital calculations, hedging, and financial frameworks

Deploy large-scale computing power for actuarial and financial information
Project future monthly cash flows from starting liabilities and invested assets, for up to 100 years.
Generate current-date valuation results on large seriatim data files for actuarial reserves and financial reporting on multiple bases simultaneously.
Evaluate blocks of business using deterministic or stochastic projections of profitability and movements in surplus; evaluate the impact of reinsurance or changes in premiums and other plan values.
Benefit from the fully integrated modules for insurance and annuity products, in-force assets, and reinvestment strategies.
Collaborate effectively in enterprise modeling environment exploiting built in tools to support model governance, control, and auditability.
Integrate with the market leading capabilities of our Scenario Generator.
Integrate with our RiskIntegrity? solution for IFRS 17 for a highly automated end-to-end solution for IFRS 17.
Enjoy comprehensive client support included as part of standard product licensing.

.?
Advanced modeling for multiple business applications
Share software and models across the organization to perform a wide variety of actuarial applications using common assumption and business data.
Fast execution of policy by policy projections.
Consistently model liabilities and assets including advanced stochastic modeling.
Produce full financial projections with customizable reports, based on in-force business and defined levels of sales of new business.
Design new products and solutions for life insurance, disability insurance, critical illness, savings products, and annuities quickly adjusting to reach target profitability or other performance metrics.        

What is AXIS

AXIS is a comprehensive actuarial modeling system?for life insurance companies that provides a complete and seamless integration of pricing, valuation and modeling. AXIS is a solution offered and supported by Moody's Analytics, a large global company that is part of the Moody's Corporation. Yet the?history of AXIS?goes backs to the infancy of the actuarial software industry in Toronto, Canada.

AXIS is more?than an actuarial analytic modeling tool. It is a full systems solution that extends from business data capture to advanced reporting and presentation of results. It addresses enterprise needs including the management of models and modeling team roles, in a well-governed and controlled environment, and the automated, end-to-end execution of large corporate models with optimal efficiency and total run time performance. AXIS comes with a full-service package that ensures model developers can be productive, can understand how the software operates and produces its results, and be confident that the total solution will be continually improved to address changing needs.

AXIS is one system. We deliver one system for all purposes, one system for all our clients. This comprehensive single-product philosophy helps us deliver a powerful, fast, flexible solution and ensure the highest integrity, validity, ease of use and consistency of results, both between different users, and from year to year.

AXIS is designed for performance. AXIS is professionally developed and designed to deliver what users need while making them more effective. Amazingly AXIS has been around for decades, yet is designed to meet both today's needs and tomorrow's challenges, because it is continually being enhanced by a large team of dedicated professionals. As a professionally developed software solution AXIS delivers ready-to-use functionality out-of-the-box, addressing the need for both flexibility and fast model development at the same time.

Technology in AXIS?is state of the art, with unique database management functionality and scalable architecture for optimum speed, yet it operates on industry standard PC's, servers, and operating systems, whether on site or in the cloud.

Browse the other articles in this section to explore and understand what AXIS is, how it is unique in the actuarial software market and what it can do for you.