zeb//control calculation

Enables flexible and powerful calculations

zeb//control calculation is the powerful and flexible calculation kernel of zeb//control and performs all the computations required. For example, it draws up cash flows and calculates risks in the appropriate modules of the Solvency II standard model solution.

With its modelling approach, zeb//control calculation implements an optimal concept combining programming and static parameter definition:

• Business users define parameters for calculations taking account of enterprise-specific structures (e.g. organisational structure, customer structure, product structure, risk classes).
• Parameters are specifically marked measures that can be based on constant factors or formulas.
• Financial algorithms are implemented through simple formulas or, in more complex functional modules, by means of a descriptive formula language.
• The graphic user interfaces provide the users support with regard to the syntax to be used and directly check the modeling for correctness.

Thanks to the strong modularisation of the kernel, the implementation of new functional requirements does not necessitate extensive, complex code adjustments of a "monolithic" kernel, but only targeted extensions. Based on the numerous available functional components, new requirements can be implemented without programming by trained users very quickly and efficiently.

zeb//control calculation already provides extensive, practice-tested standard kernel functionalities specific to banking. A concrete implementation of zeb//control is integrated like a building block into the existing architecture of the bank; individual calculation processes can be expanded gradually in a targeted way. Different technical platforms and technologies used are easily combined through Java/Scala interfaces. Owing to its tailored and standard modules with standard interfaces, the platform ensures high investment security as well as timely and cost-efficient integrations.

This approach allows you to get a top modern calculation kernel infrastructure with pre-modelled functional content that you can expand on your own, while being able to benefit from zeb/'s ongoing development efforts.

Download zeb//control insurance booklet

Do you need further information or are you interested in using zeb//control in your enterprise? We will be pleased to arrange a meeting at your office to present all the functionalities of zeb//control and discuss its application in your enterprise.