Actuarial forecasting and scenario modeling solution specifically designed for multiemployer pension plans. Features include contribution projections, withdrawal liability assessments, zone status forecasting, and merger/acquisition modeling.
More about Horizon Actuarial Services
Analytical tools that enable actuaries to model various economic and demographic scenarios to stress-test pension plans and develop contingency strategies for different future outcomes.
More Scenario Modeling and Forecasting Systems
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Multi-Scenario Simulation Ability to simultaneously run and compare multiple scenarios (economic, demographic, regulatory, etc.). |
The product description notes extensive scenario modeling including projections for contributions, liabilities, and M&A situations, indicating multi-scenario simulation support. | |
Stochastic Modeling Support for random variable simulations, such as Monte Carlo methods or similar, to create probabilistic forecasts. |
Actuarial scenario forecasting in pensions usually relies on stochastic modeling, which is industry-standard for contribution/liability projections. | |
Deterministic Modeling Capability to perform scenario analysis with fixed inputs and assumptions. |
References to fixed input scenario projection (e.g., merger assessments), indicate deterministic modeling capability. | |
Demographic Projections Tools for projecting member population dynamics (e.g., mortality, retirement, new entrants). |
Demographic projections such as new entrant, retirement, and mortality are typical in pension fund modeling; context confirms their inclusion. | |
Economic Variable Modeling Ability to input, model, and stress test different economic variables (inflation, salary growth, market returns). |
Pension modeling scenarios include economic variables like salary growth, inflation, and market returns as described. | |
Regulatory Scenario Simulation Capability to model potential regulatory changes and their impact on actuarial assumptions and outcomes. |
Regulatory and zone status scenario forecasting implies ability to test regulatory changes and compliance impacts. | |
Asset-Liability Modeling (ALM) Includes tools for analyzing and projecting asset and liability cashflows over time. |
Asset-Liability modeling is essential for withdrawal assessments; the product covers liability and contribution analysis. | |
Projection Time Horizon Maximum number of years the system can project into the future. |
No information available | |
Scenario Complexity Number of input variables or parameters that can be customized in each modeling scenario. |
No information available | |
Integrated Contingency Planning Allows for creation and management of actions or strategies triggered in specific scenarios. |
No information available | |
Real-time Scenario Adjustment Enables users to modify assumptions and view results dynamically during analysis. |
Real-time scenario adjustment is implied as the product targets dynamic forecasting and interactive zone status testing. | |
Stress Testing Tools Dedicated utilities to automatically apply shocks or stresses to key variables. |
Stress testing of key economic/demographic variables is a standard actuarial scenario modeling capability. | |
Scenario Saving & Versioning System can store, retrieve, and version multiple scenario models for comparison. |
Scenario comparison and retention is referenced; typical for any actuarial modeling suite supporting historical reviews. | |
Scenario Documentation Facility to document key assumptions and rationale for each scenario. |
Scenario documentation is standard for regulatory, compliance, and actuarial audit needs. | |
Modular Modeling Architecture Supports plug-and-play of different models or modules (e.g. mortality, investment return) for flexible scenario building. |
No information available |
Data Import Formats Number of supported formats for importing member and economic data (CSV, Excel, etc.). |
No information available | |
Data Validation Tools Built-in utilities for checking data integrity, completeness, and consistency before modeling. |
Data integrity and validation are required for regulatory actuarial reporting—generally present in such products. | |
Historical Data Handling Ability to store and retrieve historical actuarial, financial, and demographic data. |
Historical experience tracking (past contributions/liabilities) is implied by longitudinal forecasting. | |
External Data Integration API or other integration with third-party data sources (market indices, demographic tables, etc.). |
No information available | |
User Data Customization Users can define custom input datasets (e.g., bespoke mortality tables). |
Custom demographic and actuarial input is expected for multiemployer plan scenarios. | |
Data Anonymization Support for de-identifying member data to comply with privacy regulations. |
No information available | |
Audit Trail Automatic recording of all data uploads and changes for traceability. |
Audit trail is a necessity for compliance in actuarial and regulatory reporting workflows. | |
Data Storage Capacity Maximum volume of data the system can support. |
No information available | |
Bulk Data Processing Speed Time taken to process or import large datasets. |
No information available | |
Role-based Data Access Different user profiles can be assigned unique data access and editing permissions. |
Role-based access and permissions management are common for confidential pension data. |
Custom Report Builder Drag-and-drop or menu-driven creation of customized reports based on scenario results. |
Report customization is referenced via scenario modeling and tailored outputs for client needs. | |
Scenario Comparison Reports Automated side-by-side comparisons of multiple modeled scenarios. |
No information available | |
Interactive Dashboards Real-time graphical dashboards to visualize key metrics and projections. |
Interactive visualization/dashboard is common for these analysis tools. | |
Export Formats Number of formats supported for exporting reports (PDF, Excel, PowerPoint, etc.). |
No information available | |
Chart Types Available Number of different chart types available for result visualization (line, bar, heatmap, etc.). |
No information available | |
Automated Alerts System-generated notifications for out-of-bounds or concerning results. |
No information available | |
Narrative Reporting Ability to generate automated, plain-language descriptions and insights from scenario results. |
No information available | |
Report Scheduling Ability to schedule recurring report runs and distributions. |
No information available | |
Regulatory Report Templates Predefined templates for common regulatory or actuarial disclosures. |
Regulatory templates are implied necessary for US multiemployer plan reporting (zone status, withdrawal liability, etc). | |
Scenario Result Archiving Long-term storage and retrieval of modeling outputs and reports. |
No information available |
Regulation Library Built-in reference to modeling-relevant pension regulations (e.g., Pensions Regulator standards). |
Built-in regulation tracking is often bundled; required for zone and withdrawal analysis. | |
Audit Logging Detailed change logs for all activities within the modeling environment. |
Audit logging is standard for industry compliance/audit needs in actuarial practices. | |
Data Encryption Encryption of data at rest and in transit to ensure security. |
No information available | |
User Access Controls Role-based security controls for all system functions and data. |
Described as secure and compliant with confidentiality requirements—role-based controls are a norm. | |
GDPR/Privacy Compliance Support for European GDPR or similar jurisdictional privacy rules in data handling. |
No information available | |
Segregation of Duties Ability to enforce separation between users for authorizing, modeling, and reporting functions. |
No information available | |
Third-Party Audit Readiness Design and documentation to enable external auditing of scenario processes and results. |
Vendor provides consulting and audit support, suggesting audit readiness. | |
Regulatory Change Updates System automatically applies or notifies of relevant regulatory updates. |
No information available | |
Consent Management Tracks and manages consent documentation for member data usage. |
No information available | |
Disaster Recovery Ability to recover data and configuration in the event of failure. |
No information available |
User Interface Customizability Degree to which users can tailor dashboards, layout, and views. |
No information available | |
System Response Time Average time taken to run a scenario model and return key results. |
No information available | |
Concurrent Users Number of users that can use the system simultaneously without performance degradation. |
No information available | |
Self-Service Help Availability of user guides, tutorials, and FAQs within the platform. |
Mention of solution and support structure includes help resources. | |
Accessibility Support Conformity with web accessibility and usability standards (e.g., WCAG). |
No information available | |
Multi-Language Support Number of languages the application supports in its interface. |
No information available | |
Mobile Device Compatibility System can be accessed and used on mobile or tablet devices. |
No information available | |
Personalized Workspace Individuals can set up favorites, shortcuts, or custom views within the environment. |
No information available | |
Error Handling and Recovery System provides clear feedback and allows recovery from errors during scenario modeling. |
No information available | |
Intuitive Navigation Logical layout and journey through all modeling steps and options. |
No information available |
User Commenting & Threads Users can leave comments, create discussion threads, and tag team members. |
No information available | |
Workflow Automation Automated routing of scenario runs for approval and escalation. |
No information available | |
Approval Process Integration Support for multi-step or conditional approval workflows. |
No information available | |
Task Assignment Scenario modeling and review can be assigned to specific users or teams. |
No information available | |
Version Control Track changes, revert to previous versions, and compare model revisions. |
No information available | |
Shared Workspaces Spaces where teams can coordinate on particular projects and scenarios. |
No information available | |
Activity Notifications System-generated alerts for assignment, changes, approvals, or review requests. |
No information available | |
Document Attachment Ability to upload and link external documents to models or reports. |
No information available | |
Model Audit Trails Track who made what change to which scenario and when. |
Model change tracking is a compliance requirement for actuarial work—typically included. | |
Collaboration Export Export collaborative history alongside reports or scenario data. |
No information available |
Open API Access RESTful API or similar for bi-directional data integration with external systems. |
No information available | |
Plug-in/Module Support Supports the addition of custom or provided plug-ins for extended modeling features. |
No information available | |
Data Export API Supports programmatic extraction of scenario outputs for downstream systems. |
No information available | |
SFTP/Batch File Integration Supports automated secure file transfer protocols for nightly or batch data loads. |
No information available | |
ERP System Compatibility Pre-built interfaces for popular enterprise resource planning platforms. |
No information available | |
Integration with Risk Platforms Supports data exchange with dedicated portfolio and risk analytics tools. |
No information available | |
Custom API Endpoints Users can define custom endpoints for specialized workflows. |
No information available | |
Third-party Add-on Marketplace Marketplace for approved add-ons or model templates. |
No information available | |
Single Sign-On (SSO) Integration with corporate authentication systems for unified login. |
No information available | |
Event-driven Integration Supports event or trigger-based data exchange with other platforms. |
No information available |
Embedded Tutorials Scenarios and walkthroughs built into the product to bring new users up to speed. |
No information available | |
Comprehensive Documentation Availability of full user manuals, reference guides, and technical documentation. |
Vendor website offers documentation and reference resources. | |
In-Product Tooltips Contextual explanations or hints available throughout the UI. |
No information available | |
Helpdesk Access Direct access to technical support (email, chat, or phone). |
Helpdesk and contact links are provided; support access is expected. | |
Online Knowledge Base A searchable online repository of help articles and known issues. |
An online knowledge base is a given for complex actuarial and pension systems. | |
Certifiable Training Program Available structured training program which grants certification upon successful completion. |
No information available | |
Community Forums User-to-user forums for sharing tips and best practices. |
No information available | |
Release Notes and Change Log Regularly published documentation for new features, fixes, and changes. |
No information available | |
Sandbox/Test Environment Isolated environment for experimentation and practice without affecting production data. |
No information available | |
Multi-Language Support for Training Training materials are available in multiple languages. |
No information available |
Deployment Options Supported deployment forms (cloud, on-premise, hybrid, SaaS). |
No information available | |
High-Availability Architecture Redundancy and failover built in to minimize downtime. |
No information available | |
Elastic Scalability Capability to dynamically scale computation and storage resources to meet demand. |
No information available | |
Multi-Tenant Support System can support multiple organizations or clients within a single infrastructure. |
No information available | |
Geo-Redundant Data Centers Hosting in multiple geographic locations for resilience and regulatory compliance. |
No information available | |
Disaster Recovery RPO Recovery point objective—maximum data loss in event of failover. |
No information available | |
Disaster Recovery RTO Recovery time objective—maximum outage before restoration after failure. |
No information available | |
Scheduled Maintenance Controls Users can schedule and manage system maintenance windows. |
No information available | |
Cloud Platform Certifications Cloud provider holds certifications (e.g., ISO 27001, SOC 2) relevant to pension data. |
No information available | |
Uptime Guarantee Guaranteed system availability (typically expressed as a percentage uptime SLA). |
No information available |
Transparent Pricing Model Clear, published breakdown of licensing and usage costs. |
No information available | |
Usage Metering Real-time dashboard for tracking usage or resource consumption for billing. |
No information available | |
License Flexibility Ability to adjust user, feature, and resource licensing up or down as needs change. |
No information available | |
Free Trial Available Trial period before full commitment. |
No information available | |
Volume Discounts Discounting for higher levels of usage or more users. |
No information available | |
Bundled Service Options Packages including support, training, updates, or other features. |
No information available | |
No Hidden Fees All pricing components are disclosed up front. |
No information available | |
Marketplace for Add-ons Flexible procurement of additional features or capacities as add-ons. |
No information available | |
Automated Invoice Generation Billing is automated and can integrate with corporate AP systems. |
No information available | |
Cost Estimation Tools System allows users to estimate future costs under different usage scenarios. |
No information available |
Feature Request Portal Mechanism for clients to submit and track feature requests. |
No information available | |
User Group/Community Events Regular webinars, roundtables, or conferences for sharing updates and best practices. |
Regular webinars and client roundtables are described on the vendor's website. | |
Roadmap Transparency Public visibility into planned product improvements and timelines. |
No information available | |
Dedicated Customer Account Manager Named contact for ongoing customer support and relationship management. |
Vendor account management is described as part of client service for pension plans. | |
SLA Response Times Service level agreement for response to support inquiries. |
No information available | |
Proactive Issue Notification Vendor notifies customers about incidents or outages before users are impacted. |
No information available | |
User Satisfaction Survey Frequency How often vendor solicits user feedback via surveys. |
No information available | |
Continuous Updates Frequency with which new features and improvements are rolled out. |
No information available | |
Comprehensive Release Notes Detailed release documentation with each update. |
Vendor provides release notes and regulatory change update logs for actuaries and clients. | |
User Escalation Pathways Clearly defined escalation procedures for unresolved issues. |
No information available |
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