The client required testing and input review for their quarterly valuation life insurance model used for various financial calculations.
Solytics allocated a team with relevant experience in GGY Axis to:
1. Deploy an implementation review questionnaire for model assessment.
2. Design and use testing elements, including model plan mapping, model point definition, product specifications, applications, input codes, and output reporting.
3. Review and assess all controls to ensure the integrity of the valuation process.
- Provided comprehensive product feature analysis.
- Identified and remediated gaps in model implementation.
- Enhanced the accuracy and functionality of the model.