06:18 PM
DFA Launches ADVISE 4.0
PURCHASE, N.Y. - DFA CAPITAL MANAGEMENT has launched ADVISE 4.0, modeling software for the insurance industry that analyzes various lines of business by simulating numerous risk scenarios across complex business structures.
The latest version features fault-tolerant grid computing capabilities, custom-defined variables for increased flexibility and realism, and updates to reflect recent changes in S&P's capital requirement formulas, such as catastrophe loss exposure and diversification benefits.