Actuarial modeling platform with advanced statistical and simulation capabilities for pensions, insurance, and risk management. Enables cash flow projections, solvency, and scenario analysis.
Powerful computation platforms that support complex statistical analyses, data mining, and predictive modeling specific to pension fund demographics and financial projections.
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Multi-source Data Import Supports importing data from multiple file types (CSV, Excel, databases, APIs) seamlessly for actuarial analysis. |
FIS Prophet supports importing data from multiple formats (CSV, Excel, database connections, and APIs) for actuarial modeling. | |
Data Cleansing Tools Includes tools for identifying and correcting errors or inconsistencies in raw data. |
Prophet documentation references data cleansing and validation tools for pre-processing actuarial datasets. | |
ETL (Extract, Transform, Load) Capability Provides integrated ETL features to automate data preparation workflows. |
ETL workflows and pipelines are described as a standard component of Prophet for integrating with enterprise data systems. | |
Automated Data Validation Checks incoming data against predefined rules and flags anomalies. |
Automated data validation rules are available in Prophet's admin and modeling modules. | |
Large Dataset Support Can efficiently handle and process large, multi-million record actuarial datasets. |
Prophet is designed for large financial institutions and can efficiently handle multi-million policy datasets. | |
Data Versioning Tracks and manages different versions of datasets for audit and compliance purposes. |
Data versioning and audit trail features are included for compliance and tracking data/model history. | |
Metadata Management Enables tagging, describing, and tracking dataset properties for easy identification. |
Metadata features are present for identifying datasets and model inputs/outputs. | |
Secure Data Storage Ensures data stored in the platform is encrypted and secured. |
Data storage is encrypted and housed in secure enterprise databases per FIS documentation. | |
Data Export Flexibility Exports results and data to multiple file formats or databases. |
Export options to Excel, CSV, databases, and reporting systems are standard features. | |
Real-time Data Refresh Enables automatic refresh of external data connections. |
FIS Prophet connects to live feeds and supports scheduled/real-time data refreshes. |
Actuarial Life Table Functions Implements generation and manipulation of life tables for mortality analysis. |
Life table functionality is featured for both life insurance and pensions. | |
Survival Analysis Includes advanced techniques for survival and mortality projection. |
Advanced survival and mortality projection analysis tools are explicitly listed in core features. | |
Regression Analysis Broad support for linear, logistic, and generalized regression models. |
Regression models (linear, logistic, etc.) are supported for actuarial analysis. | |
Time Series Analysis Provides robust methods for modeling and forecasting financial and demographic time series data. |
Prophet provides time series modeling for financial forecasting and liability projections. | |
Stochastic Modeling Ability to conduct simulations with Monte Carlo and other stochastic processes. |
Monte Carlo and stochastic modeling techniques form a core part of Prophet’s simulation engine. | |
Multivariate Analysis Performs principal component analysis, factor analysis, and other multivariate techniques. |
Prophet supports multivariate actuarial/statistical analyses. | |
Custom Model Development Allows users to define and implement custom actuarial models. |
Custom model development is highlighted — users can define bespoke actuarial models. | |
Actuarial Valuation Modules Integrated tools for pension fund valuation and liability estimation. |
Pension and insurance valuation modules are central to Prophet's design. | |
Sensitivity and Scenario Analysis Efficient tools to test models under various economic, demographic, and regulatory scenarios. |
Scenario testing, stress, and sensitivity analysis are advertised as core analytical functions. | |
Parameter Estimation Tools Automated routines for fitting and optimizing model parameters. |
Parameter estimation routines are embedded for calibration/fitting. | |
Portfolio Risk Modeling Quantitative tools to assess and optimize investment portfolio risk in the pension context. |
Prophet includes investment and risk modeling for pension and insurance portfolios. | |
Embedded Mortality/Disability Models Pre-built actuarial tables and risk models relevant to pension funds. |
Embedded tables for mortality, disability, etc. are available for direct use in models. |
Parallel Processing Utilizes multicore or distributed computing to accelerate analysis. |
Utilizes parallel/multicore and distributed compute (cloud) options for large model runs. | |
Cloud-Based Compute Options Offloads heavy computation to scalable cloud resources. |
Prophet supports both on-premises and cloud-based scalable computation. | |
Computation Speed Average time to run a standard large actuarial projection. |
No information available | |
Concurrent User Support Number of users who can simultaneously perform computations without performance degradation. |
No information available | |
Batch Processing Ability to execute large jobs in batch mode, scheduling or automation. |
Batch processing of large actuarial jobs is a described standard capability. | |
Memory Optimization Optimized use of memory for very large datasets. |
Performance optimizations for high-volume, memory-intensive processing are present. | |
Job Queue Management Advanced job scheduling and monitoring capabilities. |
Job scheduling and job queue management are mentioned as core admin tools. | |
Failover and Recovery Ability to recover from failed computations automatically. |
Automatic failover and recovery are supported in Prophet’s managed deployments. |
Graphical User Interface (GUI) Intuitive, modern, and customizable visual interfaces. |
Modern GUI with customizable and graphical reports indicated in user guides. | |
Interactive Dashboards Drag-and-drop, customizable dashboards for exploring and presenting data. |
Allows building interactive dashboards and visualizations. | |
Command Line Interface (CLI) Allows scripting and automation via command-line for power users. |
Scripting and automation via CLI are possible in enterprise editions. | |
Customizable Workspace Users can personalize the layout, colors, and component arrangement. |
User workspace customization (views, layouts) is facilitated in Prophet UI. | |
Keyboard Shortcuts Extensive keyboard shortcuts to speed up workflow. |
No information available | |
Multi-language Support Supports multiple languages and region-specific settings. |
FIS Prophet is used worldwide and supports multiple languages and region settings. | |
Accessibility Options UI can be adapted for users with disabilities. |
Accessibility compliance (e.g., for disabilities) is addressed as part of UI requirements. | |
Role-based Access Control Interface adapts scope and options according to user roles. |
Role-based interface adaptation and access control are core enterprise features. |
Interactive Charts & Graphs Generates dynamic, interactive visualizations for data and model outputs. |
Dynamic charts and interactive visualization of actuarial/model data are a major selling point. | |
Automated Report Generation One-click or scheduled generation of recurring reports. |
Prophet can schedule or one-click generate automated reports. | |
Customizable Templates Allows users to create or customize templates for regular reports. |
Templates for recurring report formats are customizable by users. | |
Export to PDF/Excel/Word Exports charts, tables, and reports to common business file formats. |
Exports to PDF, Excel, and Word are explicitly mentioned. | |
Drill-down Reporting Supports deep dives from summary numbers to granular data visuals. |
Drill-down functionality is provided through Prophet dashboards and reporting. | |
Data Annotation Enables the addition of comments or contextual notes to reports. |
Data annotation and commentary are supported on reports and dashboards. | |
Infographic Tools Enables creation of infographic-style outputs for stakeholder presentations. |
No information available | |
Dashboards with Real-time Data Dashboards update automatically as underlying data changes. |
Live dashboards that update as data changes are available via Prophet's reporting suite. | |
Regulatory Reporting Support Pre-formatted reports for regulatory compliance, e.g., actuarial valuations. |
Regulatory/pension valuation reporting modules are part of the product. |
Audit Trail Comprehensive logs of all data imports, modifications, calculations, and exports. |
Prophet provides detailed audit trails for compliance. | |
Regulatory Compliance Modules Specific modules designed for relevant pension regulations (e.g., IAS19, US GAAP, local pension laws). |
Specific modules for regulations such as Solvency II, US GAAP, and other standards. | |
Permissions Management Granular control over user data and feature access for regulatory compliance. |
Granular permissions for users and admins are standard in enterprise version. | |
Change Tracking Tracks all changes to models, assumptions, and data for compliance reviews. |
Change tracking for models, data, and parameters documented as a compliance feature. | |
Automated Documentation Automatically generates documentation detailing all critical actuarial and statistical processes performed. |
Automated documentation is part of Prophet’s process output (model process logs and calculation steps). | |
Encrypted Audit Logs Stores system logs and audit trails in an encrypted, tamper-resistant format. |
Audit logs are encrypted and secured per enterprise security guidelines. |
User Authentication Supports strong password policies and multi-factor authentication. |
Multi-factor authentication and secure password controls are implemented. | |
Data Encryption at Rest and in Transit Ensures all data, both stored and transmitted, is encrypted using industry standards. |
Encryption in transit and at rest is listed as standard for FIS enterprise solutions. | |
Role-based Access Control Restricts access to data and features based on user roles and responsibilities. |
Role-based access can be set for data and feature-level restriction. | |
Regular Security Updates Receives and applies regular security fixes from the vendor. |
Enterprise customers receive regular security updates and patches. | |
Penetration Testing Certifications Undergoes independent penetration tests and holds certifications (e.g., ISO 27001). |
FIS Prophet has ISO 27001 certification and independent audit/pen test documentation. | |
Disaster Recovery Includes backup and restore features to ensure data is not lost in case of failure. |
Disaster recovery, backup, and failover are available in managed deployments. |
Shared Workspaces Teams can share data, models, and results in real time. |
Shared workspaces for models/data are part of the collaboration suite. | |
Commenting and Annotation Allows users to comment on datasets, assumptions, and reports for transparency and discussion. |
Commentary and annotations are available at multiple points in the workflow. | |
Version Control Integration Integrates with version control systems for source management of scripts and models. |
No information available | |
Workflow Automation Automates recurring tasks like data imports, calculations, and report generation. |
Workflow automation is one of Prophet’s key features for recurring modeling cycles. | |
Task Assignment and Tracking Assigns tasks to team members and tracks workflow progress. |
Task assignment and workflow tracking are available (often via Prophet Control Center add-on). |
API Access Well-documented APIs to integrate with other enterprise or external systems. |
APIs for integration with enterprise systems are published and documented. | |
Plug-in/Extension Support Support for third-party add-ons, extensions, or user-defined scripts. |
Support for user-defined scripts / add-ons/extensions (especially via Prophet Professional and Enterprise). | |
Custom Scripting Languages Ability to write and execute code in R, Python, or other relevant languages. |
R, Python, and proprietary scripting options are available in the Prophet modeling environment. | |
Integration with BI Tools Seamlessly exports/imports data to/from popular business intelligence platforms (like PowerBI, Tableau). |
Integrates with BI platforms like PowerBI/Tableau via data export connectors. | |
Webhooks/Event Triggers Ability to send customized notifications or actions based on certain platform events. |
Webhooks/event triggers and notifications are documented as part of the integration capabilities. |
Comprehensive Documentation Up-to-date, searchable documentation for all platform features. |
Extensive online and downloadable documentation for all modules is maintained and regularly updated. | |
Built-in Tutorials Interactive tutorials and walkthroughs for new and advanced users. |
Step-by-step tutorials and in-app training (e-learning) are available for FIS Prophet. | |
User Community and Forums Active online user communities and moderated discussion forums. |
Prophet has a global community, forums, and annual user events. | |
Vendor Support Availability Hours per day vendor support is available. |
No information available | |
Multilingual Help Resources Help resources and support available in multiple languages. |
Help and support resources are provided in multiple major languages. |
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