Response Memorandum June 6, 2016

Ortec Finance Publication
07  feb 
Canadian pension fund manager OPTrust and Ortec Finance have jointly answered the request of the Canadian Institute of Actuaries to provide input to establish Standards of Practice in respect to Calibration of Stochastic Models. The joint response emerged from the fact that OPTrust recently implemented the ALM solution of Ortec Finance to stochastically model their pension fund, leading to a consistent modelling of both the assets and liabilities with real world economic scenarios. In their joint response questions regarding stress testing, economic assumptions, mean reversion and alternative asset classes were addressed. 

Click here for a PDF of the complete joint response.