A medium-sized sectorial pension fund wanted to phase out their original calculation engine.
To achieve this goal, RiskCo modeled the entire scheme in ProductXpress. RiskCo’s Calculation Framework was used for bulk regression tests on all participants. During testing, diverse errors in the original calculation engine were discovered and we corrected them in ProductXpress.
The entire project, including modelling, testing and making interfaces, was successfully completed within one year. The sectorial pension fund is now able to maintain the calculation models itself.