New Release of MathSync 4.0 Platform — We are pleased to present the new release of the platform for stochastic modeling of economic and financial processes, MathSync, featuring extended functionality.
— Syncretis
July 2, 2024
New Release of MathSync 4.0 Platform
We are pleased to present the new release of the platform for stochastic modeling of economic and financial processes, MathSync, featuring extended functionality.
Key changes in MathSync 4.0 version:
Selection of probability distributions based on loss samples:
Selection of distributions for grouped data (Binned Fitting).
Generator of aggregated losses.
Additional distributions for modeling:
Modeling based on truncated and conditional distributions provided they belong to a predefined interval on the numerical axis for all types of loss generators.
Modeling of outgoing reinsurance contracts:
two-parameter Pareto (Ballasted Pareto or Lomax)
log-gamma
log-logistic
inverse Gaussian
Bernoulli distribution
binomial distribution
log-gamma
two-parameter Pareto (Lomax)
log-logistic
Additional parameters for reinsurance contracts:
Profit commission (tantieme)
Quota reinsurance with the possibility of considering the limit on sums insured (with a specified risk profile for sums insured) and cap loss ratio
The following indicators have been added both overall and for individual segments/business lines:
Distribution of total gross profit
Distribution of total net profit
Distribution of reinsurance commission
The following characteristics of the constructed distributions have been added:
Coefficient of variation
Coefficient of skewness
Coefficient of kurtosis
Quantiles (VaR) for pre-specified probability values
Expected shortfall (TVaR) for pre-specified probability values
