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1 Sep 2010: work has started on version 7 of GRM/OPD which will include a web based version of the program, as well as other new functionality! 

 

4 Jun 2010: how long does it take your pensions valuation software to run? OPD version 6.50 takes 30 seconds (including producing detailed output to Excel) to value a UK pension plan with more than 20,000 members.  OPD650 includes further significant improvements in speed, customisation and a new "Store valuation run automatically in batch file" in OPD650 - see here for screenshots and short video clips.

 

Our GRM/OPD software has support for yield curve valuations and automated production of results by member in drill down cashflows, screenshots can be seen here and here respectively.

 

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Quote of the Day

Integrity without knowledge is weak and useless, and knowledge without integrity is dangerous and dreadful.

Samuel Johnson
 Yield curve valuations in OPD  
OPD input files in format 5.50 (required for yield curve calculations) have an extra column in the ValuationEconomicAssumptions table on the FinancialData&Assumptions.  This represents the year from which a forward rate (for discount, salary increase or price inflation) applies (until and unless superseded by a rate at a higher term.

OPD input files in format 5.50 (required for yield curve calculations) have an extra column in the ValuationEconomicAssumptions table on the FinancialData&Assumptions. This represents the year from which a forward rate (for discount, salary increase or price inflation) applies (until and unless superseded by a rate at a higher term.


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