LIBOR Posted June 10, 2005 Posted June 10, 2005 A lot of the testing software out there requires that you interface with valuation software. Does anyone know of any stand alone product that would require the user to : (1) create the testing group (2) determine the high's and nons (3) determine normal accrual rates (4) provide erf's (5) etc., etc. and then tumble the numbers for the test ? for a small group you could do the entire test on a spreadsheet but for bigger ones it gets cumbersome. Some vendors that come to mind are Benetemps, Datair, ASC, Blaze but I don't know for sure whether they sell stand alone modules ???????
SoCalActuary Posted June 14, 2005 Posted June 14, 2005 Did you also consider the "large plan" vendors like Pro-Val, WyStar, or Lynchval? How about Larry Deutsch Enterprises? If you are using your own valuation system, then you just don't get the synergies of building applications (in this case, a4 testing) on existing databases, user interfaces, languages, and other computer technologies built into existing valuation systems. You have to invent it yourself, or accept the costs of the vendors as well as your costs for learning their system.
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