Technology

Transforming, innovating, and organizing complex processes and models. Together with you, we can develop a new model that operates more quickly and efficiently.

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Introduction

We assist clients in the development of quantitative models. You will not only receive a powerful model, but also one that is robust, transparent, and future-proof.

What do we offer?

We transform and innovate your organization in a controlled and strategic manner. You can consider the following topics.

  • Model migrations from an old system (such as Excel, Delphi, SAS, etc.) to a new one (such as Python, R, C#, etc.).

  • Automation of repetitive processes.

  • Maintenance & validations of results and models.

  • Launching web applications through Azure or AWS.

We provide our technical services to insurers, pension funds, banks, and asset managers, among others. Based on the following table, you will learn more about our areas of expertise.


Pensions

  • Future pension law transition calculations.

  • ALM modeling and URM calculations.

  • Project management.

  • IT and administration software.

  • Premium and annual calculations.

  • Data quality on policy and asset administration.

Insurance
Life, non-life, and health

  • Reporting processes for internal and legally required topics (Solvency II, IFRS 17).

  • Balance sheet management for SII and IFRS 17.

  • Actuarial and strategic pricing.

  • Equalization calculations for the Dutch healthcare system.

  • Data quality for the entire company.

Banks

  • IRB model development (calibration, validation).

  • ALM model development.

  • Reference data set construction and management.

  • Data quality for the entire company.

Asset Management

  • ALM model development.

  • Projection models for economic scenarios.

  • Valuation models.

  • Data quality for the entire company.

Our Programming Languages & Platforms

Our team possesses extensive and versatile expertise in various programming languages, enabling us to offer our clients a broad range of services and actively engage in designing the most suitable technical architecture. Our core specializations in programming languages include:

What deserves extra attention?

We like to prioritize risk management and compliance when implementing new technology for mathematical models. We have knowledge of the correct procedures that comply with ISO certification requirements. Furthermore, we ensure the new solution is not only valuable but also remains demonstrably reliable, explainable, and controllable within existing frameworks and regulations.

New tools may feel like a black box because the processes and calculations are not transparent. Therefore, we guide our clients in a transparent and accessible manner through this process. By ensuring clear documentation, aligning assumptions, and providing targeted training (on delivered code and models), we ensure that knowledge is secured and clients maintain control over their solutions. This way, innovation remains understandable, manageable, and accountable.

Our Approach in 3 Steps

01

Project Plan

We start by assessing your situation, needs, and challenges. Based on this, we develop a project plan with clear objectives and a concrete approach, ensuring that expectations are managed and risks are minimized.

02

Implementation

We bring the project plan to life with a goal-oriented and flexible implementation. Through periodic updates, we ensure transparency, refine strategic choices, and continuously optimize to achieve maximum impact.

03

Finalization

In the finalization phase, we ensure that all processes and outcomes converge and that the project is completed efficiently. This way, we embed insights and ensure that the delivered solutions have an immediate impact on your organization.

Meet Our Experts

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Sven Guijt

Quantitative Consultant

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Abinash Satapathy

Technical Consultant

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Inge Lodder

Team Leader & Owner

Why Innovate with ELAVV?

  1. We innovate with knowledge of the processes. It is not just executing a migration based on existing knowledge; we engage with your calculations. We ask critical questions about your calculations, which allows us to report and correct incorrect implementations.


  2. The importance of control over technological projects is significant. We provide a framework in which you are clearly kept informed about the progress based on a previously established plan of action.


  3. Innovation also requires creativity. Sometimes the best solution for the right use of technology lies in an unexplored path. We are happy to brainstorm with you to provide the best solution.

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Frequently Asked Questions

  • Is a maintenance contract mandatory? No, our clients are empowered to utilize our solution independently after a customized solution is provided. We can even offer courses on this.


  • Will my model stay within your environment? No, our models can be deployed within our clients' environment if desired. We also have Azure and AWS environments at our disposal to host solutions online (with login options).


  • Can we collaborate? Yes, definitely! We welcome your ideas and input so that we can create the best possible final product.


More questions? Contact us at info@elavv.nl