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ARCBase
ARCBase provides insurers with the tools and methodology to better manage and continuously improve the quality of their data
Company data is comprised of a wealth of information from a variety of source systems, all supporting their own internal coding standards, data formats and nuanced handling of unique policy events. Turning these rich sources of data into a form that provides actionable analytics is a daunting task. For this reason, ARC developed a solution designed to provide insurers with a systematic process for managing and improving the quality and reliability of their data.
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ARCBase is an enterprise quality, high capacity SQL Server database designed to store and manage millions of historical policy records each month. It is a data mart squarely in the actuarial domain, capable of integrating with larger enterprise data warehouses or operating as a standalone data resource for the actuaries. Customers utilize ARCBase to create an actuarial information hub providing high integrity information to the various actuarial functions.
Actuarial processes driven by ARCBase include:
- Mortality and Lapse Studies
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Partial Withdrawal Studies
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Premium Persistency Studies
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Actual to expected analysis
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Fund Value Roll-Forwards
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Insurance data calls
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VM 51
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NY Department of Insurance
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US GAAP LDTI actual policy transactions
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Assumption validation and unlocking
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Policy Exhibit
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Custom insurance data reporting
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US GAAP LDTI disclosure reporting
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Staging data to provide R and Python with “tidy” data feeds
ARCBase has more than two decades of experience managing even the most unruly insurance data. A customizable and expandable schema allows unlimited additions of policyholder characteristics and auxiliary measures. ARCBase inputs are system agnostic, utilize an easy-to-use flexible tab delimited format, and are stored and indexed efficiently for audit and control.
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ARCBase
Enterprise quality actuarial data mart designed for high capacity data management, reconciliation and validation.
