InsFocus Blog Business announcements, new features & technologies, version releases

10Jun/100

Version 1.92 Announced with Banding Support

Hi,

We are happy to announce the release of a new version of InsFocus BI, version 1.92. The new version will be shipped by the end of the month, and will further enhance the analytics and reporting abilities of our business intelligence solution.

Version 1.92 has two major additions. The first one, Banding, is an exciting new feature allowing a whole different style of reports, such as showing figures by agent’s loss ratios, by policies’ sums insured, by client’s year of birth, and all with fast, simple to define, dynamic bands. The second addition, Query Builder tables editor, is an advanced Javascript editor for the query definitions, and should facilitate the work of implementing InsFocus BI.

Bands (profiling)

We call “banding” the process of taking data and splitting it by dynamically created bands. This can be simple data, such as an insured’s age, or complex data, such as loss-frequency. Banding is heavily used in insurance, where reports such as risk profiling, client segmentation and so are needed on a regular basis.

  • Create bands on:
    • Dimension attributes (e.g. client year of birth, policy #)
    • Risk parameters (e.g. engine size, year of manufacturing, floor number)
    • Any item (e.g. loss-frequency, sum insured, number of policies)
  • Dynamically define band ranges
  • Display multiple bands in a report on X, Y or Z axes
  • Drill-down into any band to further explore underlying data.

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System Center has Query Builder Table Editing

The transition from our previous tool, the Admin Util, to the new System Center, is complete with the introduction of the Query Builder table editor. The editor allows editing all Query Builder XML definition tables.

  • Fully HTML-Javascript editor working in all browsers
  • Has special editors for columns linked to other tables and other data types
  • Displays meta-data to ease editing of tables
  • Allows filtering and paging

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Small changes

  • Ability to add additional attributes of dimensions (e.g. client phone #) even when no items axis is there or in multi-dimension reports
  • Snapshot with repeat functionality at end of month/quarter
  • Comparison in operation time base works correctly in partial periods also when “show future data” is checked
  • Snapshot time base can be shown with auxiliary time bases (e.g. policy inception)
  • Valid dates are displayed in time period headers
  • Drill-down from time period headers changes valid date according to header date

For further inquiries on the new version and its new features, visit our web-site or contact us at info@insfocus.com.

    Hanan Taiber
    CTO, InsFocus Systems
    hanan_taiber@insfocus.com

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