Edlund A/S

Edlund A/S supplies complete systems for the administration of insurance portfolios – life, pension, unit linked, and non-life.

Edlund A/S develops the products Life.Net®, NonLife.Net®, Unitlink.Net®, and MVS. These products are framework systems and are used by Edlund A/S as the basis for implementing solutions for life insurance companies, pension funds and non-life insurance companies. The products are also made available to partners who wish to offer similar implementation projects for primarily foreign insurance companies and pension funds.

Edlund A/S develops reference solutions based on Life.Net®, Unitlink.Net®, NonLife.Net® and MVS. The reference solutions indicate best practice examples of how the products can be implemented. The reference solutions also serve as the basis for new implementation projects.

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Latest News

New version of MVS Scenarios
01-09-2010

Edlund is now ready with a new version of MVS Scenarios featuring a lot of exciting improvements.

The majority of the improvements are directed toward the stress scenarios of Solvency II and include a major generalisation and extension of the standard implementations of the interest rate and risk transformations in MVS Scenarios so that a lot of these stress scenarios can now easily be specified. Among other things, we achieved this by now doing parameterisation of interest rate and risk transformations using maturity-dependent piecemeal constant displacement and scaling functions. In order to support the maturity dependency of the risk transformations, the general risk premium basis of the core now also is parameterised by means of an affine transformation with piecemeal constant parameters.

Another crucial improvement was done within bumping of yield curves, which is normally used in risk management, where it is now possible to perform bumping with values from yield curves resulting from arbitrary interest rate transformations.

Traceability of transformed interest rate and risk premium bases has generally been improved with structural information about all incoming interest rate and risk transformations.

All improvements are described in the updated module description here, which has also been extended with practical examples of specification of the stress scenarios of Solvency II.


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Jobs

Are you keen to work in a highly professional environment with good colleagues, ongoing in-service training and excellent employee conditions? Edlund A/S has openings for system designers with degrees in computer science, actuarial science and mathematics. For our Performance Specification and Testing section we are also looking for consultants with insurance training and experience in IT systems implementation. There are exceptions to every rule: we also employ people with other educational backgrounds and with outstanding analytical and programming skills.

Read more about jobs here.