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In RiskAgility Financial Modeller (RiskAgility FM), modelling functions have been designed so that you can easily adapt the system to your way of doing things, rather than forcing your company to conform to rigid software requirements. Here are five practical tips on how you can tailor the software to your preferences and use it better.

What is RiskAgility FM?

Willis Towers Watson RiskAgility FM is a financial modeling software product that helps you manage risk and safeguard solvency in a powerful way. Your way. It enables insurers to run financial models that accurately reflect their company’s products in ways that are easily adapted to their business processes. It is built with the latest software technology for enhanced performance and ease of use. The open modeling environment supports accurate calculations today and in the future, as product designs, company practices and regulatory requirements evolve.

TIP 1.Customise the startup options

RiskAgility FM enables you to set the startup options to specify which of various components are displayed whenever you launch it. The options are:

Option Description
Load last loaded solution Display the solution that was open when RiskAgility FM was last closed.
Show Open Project dialog box Display the Open Solution dialog box.
Show new Project dialog box Display the New Project dialog box.
Show empty environment Display the RiskAgility FM work area with no windows currently open.

To set the Startup options, from the Tools menu, select Options.

Fig 1. RiskAgility FM Tools menu

Screenshot showing RiskAgility FM Tools menu

The Options dialog box is displayed. In the left panel, expand Environment (if it is not already expanded) and select Startup. In the At startup: dropdown list, select the option.

Fig 2. RiskAgility FM At startup options

Screenshot showing RiskAgility FM At startup options

In addition, you can also choose a color theme for the RiskAgility FM work area that suits your visual preferences. From the Options dialog box, expand Environment and select General. In the Color theme: dropdown list, select your preferred color.

Figure 3. RiskAgility FM options menu colour theme

Screenshot showing RiskAgility FM options menu colour theme

Here are the available color themes:

Figure 4a. RiskAgility FM colour theme – dark option

Screenshot showing RiskAgility FM colour theme – dark option
Figure 4b. RiskAgility FM colour theme – default option

Screenshot showing RiskAgility FM colour theme – default option
Figure 4c. RiskAgility FM colour theme – light option

Screenshot showing RiskAgility FM colour theme – light option

TIP 2. Change font size

You can specify fonts and colors as well as the screen foreground and background colors for various components in RiskAgility FM, including:

  • Formula Editor (including statement completion and tooltips).
  • Printer
  • Tool windows
  • Find Results window
  • Output window
  • Debugging windows, such as Watch, Parallel Stacks, Autos, CallStack and Threads
  • Environment font, which is the font used in work areas such as menus, headings, title bars, etc.)

To set the Fonts and Colors options, go to the Tools menu, select Options.

The Options dialog box is displayed. In the left panel, expand Environment (if it is not already expanded) and select Fonts and Colors. In the Show settings for: dropdown list, select the component for which you would like to change the font and colors.

Figure 5. RiskAgility FM options fonts and colours menu

Screenshot showing RiskAgility FM options fonts and colours menu

TIP 3. Arrange windows and adjust views

You can arrange the layout of different components to work in the way that you prefer. RiskAgility FM gives the ability to open many Projects simultaneously and navigate to each part of the Project from a single location. The RiskAgility FM work area components that control the look and feel include Document windows and Tools windows.

You can change the way windows are currently displayed in any of the following ways:

  • Reposition windows inside the work area by undocking the window and then dragging it to its new position.
  • Float windows. A floating window can be moved outside of the RiskAgility FM work area. 

The changes you make are remembered and therefore applied the next time you open Solutions and Projects in RiskAgility FM. You can however, also reset the window layout to return to the default arrangement.

To reposition a window inside the work area:
Click the window tab or header, and then drag it. A positioning diamond is displayed, highlighting the docking areas as you drag the window. Release the window to dock it in the highlighted area.

Figure 6. Repositioning windows in RiskAgility FM

Screenshot showing Repositioning windows in RiskAgility FM

To float a window
Select the window. Then, from the Window menu, select Float.

Figure 7. How to float windows in RiskAgility FM

Screenshot showing How to float windows in RiskAgility FM

TIP 4. Select a model run method

You can run the model the way you like. RiskAgility FM supports powerful distributed processing options, ensuring that you can get the most from your grid or the cloud. These options include, standalone Microsoft Windows HPC, Microsoft Windows Azure cloud-based processing or a seamless combination of both.

Go to the Tools menu, select Options.  From the Options dialog box, expand RiskAgility FM Setup Options (if it is not already expanded) and select Distributed Processing and configure the option.

Figure 8. RiskAgility FM distributed processing options menu

Screenshot showing RiskAgility FM distributed processing options menu

TIP 5. Monitor the run and projection

Once the Projection Job has been submitted, you can view its status and details in the Job Monitor. You need to display the Job Monitor manually.

To display the Job Monitor

  • From the View menu, select Job Monitor. Or, press Ctrl+Shift+J.

The Job Monitor is displayed as a separate window.

Figure 9. RiskAgility FM Job Monitor menu

Figure 9. RiskAgility FM Job Monitor menu
Click to enlarge

In addition to Job Monitor, if there are potential errors that you would like to validate and further check, you can also look at the logs captured in: %localappdata%\Willis Towers Watson\Rafm\2.5\Log\RiskAgilityFM_Debug.log

These few simple steps will help improve your user experience in RiskAgility FM. If you’d like improve your skills further we run a number of RiskAgiltity FM training events, contact our team for further details.