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  • Excel as an IT System
    published in the May 2012 edition of CompAct entitled “Spreadsheets—the Aging Friend of Actuaries.” ... We consider the reasons why IT-developed systems are considered less risky, and apply the same fundamental ...
    • Authors: Tim Heng
    • Date: Oct 2012
    • Competency: External Forces & Industry Knowledge>General business skills; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: CompAct
    • Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Operational risks; Enterprise Risk Management>Systematic risk; Technology & Applications>Software
  • Actuarial Monopoly – bringing Markov home to the family
    Actuarial Monopoly – bringing Markov home to the family In this article, rather than building financial ... Corality Financial Group, the author applies a Markov Chain and financial analysis to the humble Monopoly board ...
    • Authors: Tim Heng
    • Date: Apr 2012
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: CompAct
    • Topics: Modeling & Statistical Methods>Markov Chain
  • Power Query
    Query This is the second article in a series relating to Microsoft’s Power BI suite of tools. By Tim ... Tim Heng This is the second article in a series relating to Microsoft’s Power BI suite of tools. In case ...
    • Authors: Tim Heng
    • Date: Nov 2016
    • Competency: External Forces & Industry Knowledge>General business skills
    • Publication Name: CompAct
    • Topics: Technology & Applications>Business intelligence
  • Why "Simple" Doesn't Mean "Transparent" Financial Modelling
    website in April. We will look at an edited version of the blog, and dig deeper into what appears, at face ... website in April. We will look at an edited version of the blog, and dig deeper into what appears, at face ...
    • Authors: Tim Heng
    • Date: Jul 2013
    • Competency: External Forces & Industry Knowledge>General business skills; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: CompAct
    • Topics: Actuarial Profession>Best practices
  • Why You Needed To Have Power Pivot Yesterday
    Yesterday This is the first article in a series relating to Microsoft’s Power BI suite of programs. By Tim ... Tim Heng This is the first article in a series relating to Microsoft’s Power BI suite of programs (not to ...
    • Authors: Tim Heng
    • Date: May 2016
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: CompAct
    • Topics: Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Simulation
  • Power BI - Reporting and dashboards taken to the next level
    Power BI - Reporting and dashboards taken to the next level This is the third and final article ... taken to the next level This is the third and final article in a series on the Power BI suite of tools ...

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    • Authors: Tim Heng
    • Date: Apr 2017
    • Competency: Strategic Insight and Integration>Effective decision-making
    • Publication Name: CompAct
    • Topics: Technology & Applications>Business intelligence
  • Running simulations using Excel without VBA
    simulations using Excel without VBA An explanation of a simulation tool that’s built into Excel, is easily ... deterministic black boxes based on a series of assumptions (inputs) and a set of rules (calculations) that result ...
    • Authors: Tim Heng
    • Date: Mar 2016
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: CompAct
    • Topics: Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Simulation
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