The insurance and financial services sector has developed a great reliance on spreadsheets for their ability to build complex actuarial and scenario modeling calculations which often require frequent updating. These spreadsheets are used for a huge range of specific needs, from securing pricing models to working with specialist add-on software like @RISK.
However, as these spreadsheet tools possess a critical and proprietary function, great care is needed to protect their confidentiality as well as the integrity of the calculations. When these spreadsheets are shared across several different members of staff, or even externally, this can introduce the risk of exposing intellectual property to unauthorized users, as well as creating inefficiencies from latest version confusion. Furthermore, errors can be accidentally introduced and spread, which can result in disastrous rating and pricing calculations.
With EASA, this becomes a thing of the past. Our software ensures the complete protection of your critical IP, and the integrity of your calculations and data, and can be updated easily without having to make significant changes to the underlying model. It also provides a low-cost mechanism to capture data to allow comprehensive data analytics and reporting when necessary.
