Development of an end-user application to support the calibration, generation and validation of economic scenarios using a risk-neutral Economic Scenario Generator (RN- ESG)

Abstract

At Baloise Group, economic scenarios are generated with a comprehensive third-party software. This software provides a vast range of functionalities that is embedded within dynamic-link libraries. To enhance the existing process of generating economic scenarios, Baloise Group seeks to develop a custom end-user application that serves as guided user interface between the user and the logic that is implemented in the underlying libraries. With a self-developed application, Baloise Group aims to tailor the interface between user and underlying logic to the individual needs of the company.