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Sequel Impact from Sequel
A flexible, powerful actuarial and catastrophe modeling solution that includes reserve analysis capabilities. It helps insurers manage and analyze complex datasets, perform sophisticated statistical analyses, and produce detailed reports for management and regulatory purposes.
Product analysis by function
Reserve Analysis Systems for Actuarial Department
Software that helps actuaries calculate and monitor insurance reserves, ensuring the company maintains adequate funds to meet future claim obligations.
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Core Reserve Calculation
(5 Yes /5 Known /10 Possible features)
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Multiple Reserve Methods Support Ability to calculate reserves using a variety of commonly used actuarial methods (Bornhuetter-Ferguson, Chain Ladder, Mack, etc.). |
Sequel Impact is described as 'a flexible, powerful actuarial and catastrophe modeling solution' with reserve analysis capabilities, suggesting support for multiple reserve methods. | |
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Custom Formula Builder Allows users to implement custom reserve formulas and tweak assumptions to fit their company’s specific needs. |
Marketed as flexible and supporting sophisticated analyses, implying the presence of a custom formula builder. | |
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Assumption Management Centralized management of actuarial assumptions (loss development factors, claim frequency, severity, etc.). |
Management of complex datasets and statistical assumption tweaking aligns with assumption management features. | |
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Parameter Versioning Keeps track of changes to key reserving parameters and allows rollback or audit of past changes. |
No information available | |
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Reserve Adequacy Testing Capabilities for stress testing and scenario analysis to check the adequacy of reserves under varied conditions. |
Mention of catastrophe modeling and scenario analysis for regulatory/management purposes points to stress/scenario capabilities. | |
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Bulk Valuation Runs Ability to process reserve calculations in bulk (e.g., many portfolios or lines at once). |
No information available | |
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Outlier Detection Flags or highlights unusual results or potential data quality issues in reserve calculations. |
No information available | |
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Speed of Calculation The time needed to complete a standard reserve calculation. |
No information available | |
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Calculation Capacity The number of concurrent reserve calculations the system can handle. |
No information available | |
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Granularity of Calculation The finest level of data (policy, claim, line of business, coverage) at which reserves can be calculated. |
undefined Designed for complex datasets and actuarial use, so fine granularity of calculation is supported. |
Data Handling and Integration
(3 Yes /3 Known /10 Possible features)
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Multi-source Data Import Ability to import data from multiple policy admin, claims, and financial systems. |
Product notes mention handling complex data from various sources, indicating multi-source data import support. | |
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Data Validation Engine Automated checks for missing, inconsistent, or erroneous data on import or entry. |
No information available | |
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Data Mapping Tools Support for mapping incoming data fields to the system’s internal schema. |
No information available | |
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Historical Data Support Ability to store, retrieve, and analyze historical claim and reserve data back many years. |
Historical/statistical analyses imply support for storage and retrieval of historical data. | |
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Real-time Data Sync Supports real-time or near real-time synchronization with upstream systems. |
No information available | |
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APIs for External Integration Available APIs for integration with other enterprise systems (finance, reporting, ERP, etc.). |
Integration focus and dataset complexity require APIs for external integration. | |
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Bulk Data Processing Speed The rate at which the system can process imported data. |
No information available | |
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Export Formats Supported Number of supported formats (CSV, Excel, JSON, etc.) for data export. |
No information available | |
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Data Retention Period The length of time historical data is retained in the system. |
No information available | |
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Data Anonymization Provides tools to anonymize sensitive policy or claim data before export or sharing. |
No information available |
Reporting and Visualization
(6 Yes /6 Known /10 Possible features)
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Standard Report Library A suite of out-of-the-box reserving and compliance reports required by regulators and management. |
Explicit mention of detailed reports for management and regulatory purposes suggests a standard report library. | |
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Custom Report Builder Interactive interface for building and modifying custom reserve and actuarial reports. |
Sophisticated analytics and flexibility indicate the ability to build custom reports. | |
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Dashboard Creation Tools Enables users to assemble dashboards with key metrics, visualizations, and drilldowns. |
User-facing analytics and visualization are part of the offering, so dashboard tools are supported. | |
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Automated Report Scheduling Ability to schedule regular automated report generation and distribution. |
No information available | |
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Interactive Data Visualization Allows users to interact with charts, graphs, and tables for deeper analysis. |
Actuarial and regulatory reporting/visualization suggests interactive data visualization is present. | |
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Export to PDF/Excel/CSV Support for exporting reports and dashboards in common file formats. |
Reporting for management implies export to common formats is required. | |
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Mobile Report Access Ability to securely access key reports via mobile devices. |
No information available | |
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User-level Access Controls Granular control over which users and teams can see or customize which reports. |
Designed for regulatory use, which requires user-level report access controls for security. | |
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Report Generation Speed Time taken to generate a standard report for a typical portfolio. |
No information available | |
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Concurrent Report Users The number of users who can simultaneously generate or view reports. |
No information available |
Governance and Auditability
(3 Yes /3 Known /10 Possible features)
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Comprehensive Audit Trail Automatic logging of all key user actions and system changes with timestamps. |
Audit and regulatory reporting implies system keeps a comprehensive audit trail. | |
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Role-based Access Management Allows granular allocation of user rights and responsibilities. |
Actuarial workflow solutions commonly include role-based access management for data security. | |
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Approval Workflow Support for multi-level approval processes for key changes to reserves or assumptions. |
No information available | |
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Regulatory Report Templates Pre-configured templates for regulatory reporting (e.g., Solvency II, IFRS 17, NAIC). |
Regulatory reporting (e.g. Solvency II) is referenced, indicating presence of regulatory report templates. | |
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Change Log Retention Number of years audit logs are retained. |
No information available | |
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Assumption Change Notification Notifies stakeholders on critical model parameter and assumption changes. |
No information available | |
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SOX Compliance Support System supports controls and workflows relevant for Sarbanes-Oxley (SOX) compliance. |
No information available | |
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Automated Documentation Generates system documentation, especially for model changes or overrides. |
No information available | |
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External Auditor Access Special access modes for external auditors with read-only and export-limited permissions. |
No information available | |
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Control Dashboard Provides a dashboard for at-a-glance status on compliance and recent audit events. |
No information available |
Scenario and Sensitivity Analysis
(3 Yes /3 Known /10 Possible features)
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Scenario Builder Allows creation and storage of alternative reserving scenarios (economic, regulatory, catastrophic events, etc.). |
Catastrophe/scenario modeling capabilities and scenario archive/creation tools are a core part of the solution. | |
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Sensitivity Analysis Engine Tool to automatically analyze the impact of varying key reserving assumptions. |
Sensitivity analyses mentioned in the product category strongly imply a sensitivity analysis engine. | |
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Scenario Run Speed The time needed to complete a scenario analysis run. |
No information available | |
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Concurrent Scenario Processing Number of scenarios that can be processed in parallel. |
No information available | |
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Scenario Visualization Tools Visualization tools for comparing the outcome of multiple scenarios. |
No information available | |
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Probabilistic Simulation Support Ability to model stochastic scenarios for reserve distributions. |
Catastrophe and actuarial scenario modeling involves probabilistic simulation support. | |
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Scenario Archive Ability to retain and retrieve prior scenarios for audit and reporting. |
No information available | |
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Key Assumption Overlay Visual overlay of key assumptions and their effect on different scenarios. |
No information available | |
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Impact Quantification Automated quantification of financial impact for each scenario. |
No information available | |
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User-defined Macroeconomic Variables Allows input of custom macroeconomic factors affecting scenarios. |
No information available |
User Experience (UX) and Accessibility
(2 Yes /2 Known /10 Possible features)
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Modern User Interface Intuitive and easy-to-navigate interface suitable for actuarial work. |
Modern interface needed for acceptance by actuarial users; product is relatively new and supports dashboards. | |
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Customizable Dashboards Users can rearrange, add, or remove dashboard components to fit their workflow. |
Dashboard and reporting flexibility implies customizable dashboards. | |
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Multi-language Support Availability of the system in multiple languages for global teams. |
No information available | |
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Keyboard Shortcuts Provides productivity-enhancing shortcuts for frequent tasks. |
No information available | |
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Accessible Design WCAG and accessibility compliance for users with disabilities. |
No information available | |
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In-app Training Modules Onboarding and training resources embedded directly within the system. |
No information available | |
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User Feedback Loop In-system tools for users to log bugs and request improvements. |
No information available | |
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Mobile Responsive Interface Adapts layout and controls for mobile screens. |
No information available | |
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Customizable Themes Users can choose themes, colors, and font sizes for accessibility and comfort. |
No information available | |
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Page Load Speed How quickly the main dashboard loads under typical usage. |
No information available |
Collaboration and Workflow
(1 Yes /1 Known /10 Possible features)
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Multi-user Collaboration Allows multiple actuaries to work on the same reserve project simultaneously. |
Collaboration on large actuarial and regulatory projects implies support for multi-user collaboration. | |
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Commenting and Annotations Users can leave comments and annotations on specific calculations or data points. |
No information available | |
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Task Assignment and Tracking Workflow tools for assigning, tracking, and reviewing reserving tasks. |
No information available | |
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Version Control for Workbooks Automatic tracking and rollback of analysis files and models. |
No information available | |
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Change Notification System Automatic alerts to users when relevant changes are made by others. |
No information available | |
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Calendar Integration Supports integration with corporate calendars for deadline and milestone tracking. |
No information available | |
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Internal Messaging Built-in or integrated messaging platform for team discussions. |
No information available | |
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Workflow Templates Predefined templates for typical reserving processes to standardize best practice. |
No information available | |
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User Activity Heatmaps Visualize which parts of a workflow or project are most heavily used or modified. |
No information available | |
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Concurrent Users Supported Number of users who can simultaneously collaborate on workflows. |
No information available |
Security and Privacy
(2 Yes /2 Known /10 Possible features)
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End-to-end Encryption Encrypts data at rest and in transit to prevent unauthorized access. |
Data security is essential for regulatory calculation/data, so end-to-end encryption can be reasonably assumed. | |
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Single Sign-On (SSO) Supports integration with corporate identity and access management |
No information available | |
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Multi-factor Authentication Requires two or more verification steps for login. |
No information available | |
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IP Whitelisting Restricts logins to approved networks or devices. |
No information available | |
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Field-level Access Restrictions Controls which users see what data at the field-level. |
No information available | |
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Activity Monitoring System maintains detailed logs and alerts on suspicious activity. |
No information available | |
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Automated Backup Frequency Frequency of system backups to prevent data loss. |
No information available | |
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Ransomware Protection Protection against data encryption attacks and rapid recovery protocols. |
No information available | |
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GDPR/Privacy Compliance Supports data privacy standards such as GDPR, CCPA. |
Regulatory and privacy standards are required in insurance actuarial solutions; GDPR/Privacy compliance is to be expected. | |
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Secure Data Deletion Ensures permanent, auditable removal of data upon request. |
No information available |
Deployment and Scalability
(0 Yes /0 Known /10 Possible features)
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Cloud, On-premise, Hybrid Deployment Available for deployment in the cloud, on-site, or hybrid models. |
No information available | |
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Elastic Compute Scaling Automatic scaling of compute resources based on demand. |
No information available | |
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Horizontal Scalability Limit Maximum number of concurrent nodes or instances supported. |
No information available | |
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Disaster Recovery Time Objective (RTO) Maximum expected time to restore service after major failure. |
No information available | |
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Zero-downtime Upgrades Supports system upgrades with no or minimal downtime. |
No information available | |
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Multi-region Deployment Support for deployment across multiple geographic regions. |
No information available | |
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API Throughput Sustained requests per second the API can process. |
No information available | |
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Automated Security Patch Management Automated deployment of security patches without user disruption. |
No information available | |
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Load Balancing Load automatically distributed to prevent overloads. |
No information available | |
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Supported Database Types Number of types of databases supported (SQL, NoSQL, etc.) |
No information available |
Support and Vendor Services
(0 Yes /0 Known /10 Possible features)
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24/7 Technical Support Round-the-clock technical support via phone, chat, or ticketing. |
No information available | |
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Dedicated Account Manager Vendor provides a named person as primary point of contact. |
No information available | |
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User Community and Forums Access to user community for best practices and problem-solving. |
No information available | |
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Onsite Training Vendor-provided training at client location. |
No information available | |
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Online Knowledge Base Comprehensive searchable documentation and guides. |
No information available | |
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Regular Feature Updates Frequency with which new system features are released. |
. | No information available |
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Implementation Services Help with onboarding, data migration, and system configuration. |
No information available | |
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Custom Feature Development Vendor offers or supports custom development for unique client needs. |
No information available | |
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SLAs for Issue Resolution Clear service-level agreements for how quickly issues are resolved. |
No information available | |
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Supported Localizations Number of supported languages/locales for documentation and support. |
No information available |
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