Epsinum

Financial companies such as insurance companies, banks and pension funds rely on data vendors for most of the key information. Although the data is generated by the vendors, the responsibility for the truthfulness of the data falls on the financial company. The unfortunate reality is that in 99.9 of cases validation brings no findings so it is easy to skip tests when deadlines are tight. However, in that 0.1 of cases, the consequences can be severe for any business. Fines, reputation loss and bad decision making. Epsinum developed a tool that independently validates data on your behalf. With a short integration, a user is expected to save about 2 days per month using our solution. The first framework validates economic stochastic scenarios. They are a key input for most financial companies. Real world or risk neutral, Epsinum performs automated tests on your behalf so that your actuaries can focus on other tasks that bring more strategic value.