Blog – Page 3 – ACTBuilder

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Prophet Modelling Technique (2): New Business Processing

In our engagements with valuation teams using Prophet, we’ve observed that most users are confident with in-force projections—such as those required for monthly valuation or embedded value reporting. However, when it comes to new business (“NB”) processing, many find the setup and logic less intuitive.

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Prophet Modelling Technique (1): Enumerations

With the release of Prophet 2024 Q4, users may have noticed a notable enhancement in variable handling—the ability to define variables using enumeration types, in addition to the conventional number and text formats. This seemingly modest update introduces a practical tool that can significantly improve model clarity and coding efficiency.

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