PillarOne.RiskAnalytics 0.5Up to Product page
|Tested with||Java 1.5|
New Modelling Capabilities
- Claims reserve components that work with a single payout factor, i.e. a simple way to specify a geometrically decreasing payout pattern. This is of course only meaningful if the modeled business follows such a pattern, e.g. short term projections of short tail business. Results are acceptable for short tail business.
The next version will include components which work with arbitrary payout patterns
- Components for simple ALM modelling
New Application Features
- A view to compare different parametrizations
- A view to compare different results, including difference heat maps and a link to comparing the corresponding parametrizations
- Top-level tabs can now be undocked into floating windows
- Possibility to push simulations onto batch queues
- Unsmoothed cdf/pdf charts as default
- Possibility to rename and duplicate dynamically added components
- Performance of multi-period models improved
- Enabling im-/export of large tables
- The embedded Derby database is light-weight, but only suitable for storing the results from a couple of thousand iterations. Since setting up a more powerful database is for many users too complicated, we added an embedded MySQL database. We couldn't test all possible environments. Please report any problems.
Remark: The embedded database is started whenever you start RiskAnalytics and stopped when the application is shut down.
- PillarOne can now handle plugins and hence, the code was modularized to make it easier to maintain. As a user you don't have to worry about this; the releases will always contain the appropriate latest versions of the plugins. As a developer you will notice that the structure of the code repository has changed. Full details can be found at .....
- The performance of the database can be increased if the major tables have indices. After the installation, execute one of the following scripts on the command line to obtain better database performance. It's not necessary to run the script for the embedded MySQL database.
- For MySQL users: grails -Dgrails.env=mysql init-database
- For SQL Server users: grails -Dgrails.env=sql init-database
- other DB products: contact us and we will add your environment, as well
Migration v0.4 -> v0.5
- Export all parametrizations
- Install RiskAnalytics v0.5 and run the script mentioned in the previous section
- Import the parametrizations. RiskAnalytics should perform the necessary conversions. We provide migration support for people who have production data; contact us if you run into any problems.
Major API Changes
- The collector implementation has been refactored; *ResultDescriptor files are no longer supported, instead *ResultConfiguration files should be used
- Models should no longer extend the class model directly. Instead StochasticModel or DeterministicModel should be used.
- The simulation engine has been replaced. *Context classes have been replaced with *Scope classes.
- Due to the modularization several classes/packages had to be moved to org.pillarone.riskanalytics
Detailed Change LogAll changes can be found in the issuetracking system