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Comprehensive collection of mathematical and statistical algorithms optimized for high-performance computing environments. Features include parallel processing capabilities, specialized functions for financial modeling, and integration with common actuarial platforms for accelerated calculations.
More about Numerical Algorithms Group (NAG)
Powerful computing systems designed for parallel processing of complex actuarial calculations, enabling more sophisticated modeling and faster scenario analysis.
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Number of CPU Cores Total count of physical or virtual CPU cores available for parallel processing. |
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Number of GPUs Total graphical processing units, which can accelerate certain actuarial model computations. |
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Memory Capacity Aggregate RAM available in the cluster to support large in-memory computations. |
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Cluster Scalability Ability to expand resources dynamically. |
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Node Count Number of physical or virtual nodes within the cluster. |
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Elasticity Ability to automatically adjust cluster size based on workload. |
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High-Throughput Computing Capability to handle numerous jobs or simulations simultaneously. |
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Support for Containerization Ability to run containerized workloads for portability and environment consistency. |
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Support for Distributed Computing Frameworks Native compatibility with platforms like MPI, Hadoop, or Spark. |
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Resource Allocation Flexibility Users can specify CPU, GPU, memory, etc. per job. |
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Cluster Interconnect Bandwidth Speed of interconnect network between nodes. |
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Support for Heterogeneous Hardware Ability to mix different processor types (e.g., ARM, x86, GPU). |
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Job Scheduling Efficiency Advanced job queuing and scheduling capabilities for optimal resource use. |
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Bursting to Cloud Ability to overflow capacity to a public cloud when on-premise is full. |
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Total Cluster Theoretical FLOPS Peak floating point operations per second. |
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Total Storage Capacity Aggregate amount of storage available across the cluster. |
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High-Speed Storage (e.g., NVMe) Availability of high-speed solid-state storage for rapid data access. |
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Parallel File System Support Enables high-throughput data access among nodes (e.g., Lustre, GPFS). |
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Data Encryption at Rest Ensures data in storage is encrypted for security. |
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Data Encryption in Transit Ensures data moving between nodes is secure. |
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Automated Backup Scheduled or continuous backup capabilities for disaster recovery. |
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Support for Data Tiering Automatic movement of data between storage types based on usage. |
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Distributed Data Access Ability for nodes to access shared data concurrently. |
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Integration with Data Lakes Native or easy integration with large enterprise data lakes. |
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Storage Performance (IOPS) Maximum input/output operations per second. |
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Snapshot & Versioning Support for maintaining historical snapshots of data. |
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Data Compression Automatic compression of stored data to save space. |
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Seamless Data Migration Ease of migrating large datasets into or out of the HPC environment. |
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Audit Logging of Data Access Monitoring who accessed what data and when. |
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Data Retention Policies Enforcement of compliance-driven record-keeping requirements. |
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Support for Actuarial Modeling Languages Ability to run R, Python, SAS, MATLAB, etc. |
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Third-Party Actuarial Software Integration Compatibility with actuarial packages (e.g., Prophet, MoSes). |
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Model Version Control Built-in tracking and management of model versions. |
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Batch Processing Efficient handling of large numbers of model runs. |
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Scenario Analysis Speed Time taken to compute a full scenario set (lower is better). |
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Support for Stochastic Simulations Capability to efficiently run large-scale Monte Carlo simulations. |
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Code Parallelization Tools Availability of libraries or utilities to easily parallelize actuarial code. |
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Automated Model Deployment Mechanisms to automate pushing models into production. |
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Multi-Version Model Testing Enables side-by-side validation of different model versions. |
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Model Audit Trails Logged evidence of model changes and run history. |
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Integrated Documentation Tools Support for documentation generation and association with models. |
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Support for External Libraries Ability to run open-source or vendor-supplied actuarial/statistical libraries. |
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GPU-Enabled Model Execution Support for accelerating actuarial models on GPUs. |
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Interactive Development Environments Provides Jupyter, RStudio, or similar for code development and analysis. |
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Workflow Orchestration Management and automation of multi-step modeling workflows. |
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Single Sign-On (SSO) Integration with enterprise authentication (e.g., LDAP, Active Directory). |
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Multi-Factor Authentication Requires additional verification factors for access. |
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Role-Based Access Control Restricts access based on job function or user role. |
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Audit Logs Tracking and recording of all significant system and user actions. |
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Compliance Certifications Meets industry standards (e.g., ISO 27001, SOC 2, GDPR, NAIC). |
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Data Anonymization Tools Tools to mask or anonymize sensitive policyholder data. |
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Intrusion Detection & Prevention Active monitoring and responding to security threats. |
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Encryption Key Management Managing cryptographic keys securely. |
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Patch Management Automation Regular, automated operating system and software patching. |
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User Activity Monitoring Tracking user actions to detect inappropriate use. |
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Secure Data Transfer Protocols Standards such as SFTP, HTTPS for data transfers. |
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Retention and Deletion Policies Automated enforcement of data lifecycle policies. |
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Data Loss Prevention Tools Ability to prevent unauthorized data extraction. |
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Incident Response Workflows Pre-defined steps for handling suspected breaches. |
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End-to-End Encryption Data encrypted both in motion and at rest, including backups. |
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Job Scheduler Integrated workload scheduler for queuing and prioritizing jobs. |
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Job Queuing Handles and manages jobs that are waiting for resources. |
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Automated Job Submission API or interface to submit jobs automatically from other systems. |
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Preemptive Scheduling Higher-priority jobs can preempt currently running ones. |
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Job Dependency Management Specify execution order and dependencies between jobs. |
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Job Retry/Recovery Automatic retry or rollback if a job fails. |
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Job Status Tracking Track progress and final status of all jobs. |
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Real-Time Monitoring Dashboard Visual dashboard showing current and historical job activity. |
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Usage Quotas per Department/User Limit and monitor resource consumption by team or user. |
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Resource Reservation Ability to pre-reserve nodes/CPUs for specific runs or deadlines. |
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Policy-Based Automation Automate actions based on policy/rules (e.g., rerouting, notifications). |
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API Access for Job Management Programmatic interface for advanced job management and integration. |
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Email/SMS Alerts on Job Completion or Failure Automated notification methods for job status. |
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Historical Job Analytics Performance and usage trend analysis over time. |
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End-User Self-Service Portal Web-based interface for users to submit and monitor jobs. |
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Support for Common Data Formats Compatibility with CSV, Parquet, HDF5, etc. |
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Enterprise Data Warehouse Integration Direct connectivity to existing data warehouses/lakes. |
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APIs for Data Input/Output REST, gRPC, or similar APIs for moving data efficiently. |
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Workflow Integration with CI/CD Integration with build, test, and deployment pipelines. |
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Event/Message Bus Integration Native support for enterprise service buses or messaging systems. |
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External Archive System Support Seamless export and import with long-term archival systems. |
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Actuarial Software API Integration Connect directly with actuarial vendor platforms. |
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Data Synchronization Tools Automated, incremental synchronization between sources. |
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SAML/OAuth Integration Federated authentication and identity integration. |
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Excel Add-In/Integration Connection with Excel for input/output, reporting. |
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Custom Plugin Support Ability to add user-written extensions or connectors. |
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Batch Import/Export Interfaces Bulk data import/export for large actuarial runs. |
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Change Data Capture (CDC) Capture and sync data updates in near real-time. |
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ETL Tools Integration Seamless use with enterprise ETL (Extract, Transform, Load) tools. |
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API Rate Limits Maximum API calls allowed per unit time. |
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Web-Based Management Interface User-friendly web portals for managing jobs, resources, and results. |
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Collaboration Workspaces Shareable spaces for teams to upload, view, and discuss models or results. |
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User Customization Options Ability for users to personalize their environment (dashboards, layouts, settings). |
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Role-Based Dashboards Custom dashboards per user type (analyst, admin, manager, etc.). |
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Integrated Documentation Users can create/read technical documentation within the platform. |
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Real-Time Collaboration Editing Multiple users can edit and comment on code/notebooks simultaneously. |
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In-Platform Communication Tools Chat, annotation, or comment functionality. |
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User Training Modules Onboarding, tutorials, and context help available in-platform. |
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Usage Analytics Track platform usage, job stats, and user activity trends. |
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Accessibility Features Compliance with accessibility standards for impaired users. |
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Exportable Reports & Visualizations Easy export of outputs, charts, or findings as PDF, Excel, etc. |
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Search Functionality Search for data, models, documentation, and job results. |
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Automated Notifications User-customizable system notifications (e.g., job finish, review requests). |
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Task Assignment/Tracking Assign and track progress on tasks for modeling projects. |
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Approvals Workflow Ability to request, review, and approve model/result submissions. |
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Mean Time Between Failure (MTBF) Average time between system/component failures. |
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High Availability Architecture Redundant design for continuous system availability. |
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Job Completion SLA Guaranteed time to completion for standard job runs. |
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Automated Failover Automatic recovery in case of server or node failure. |
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Performance Monitoring Tools Real-time tracking of system/resource utilization and performance. |
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Hot/Cold Spare Nodes Spare nodes available for failover scenarios. |
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Real-Time Alerts for System Issues Instant notifications for hardware or software issues. |
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Scheduled Downtime Transparency Clear communications regarding planned maintenance. |
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Automated Resource Scaling System automatically adds or removes resources based on need. |
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Load Balancing Dynamic distribution of workloads among resources for efficiency. |
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Self-Healing Infrastructure The system can automatically detect and recover from common errors. |
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Disaster Recovery RPO/RTO Recovery Point/Time Objectives for returning to operation post-outage. |
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Transparent Upgrade Mechanisms Software or hardware upgrades implemented without user disruption. |
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Proactive Resource Contention Avoidance Mechanisms to predict and prevent resource conflicts. |
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Historical Performance Analytics Analysis and visualization of past performance and outages. |
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Usage-Based Cost Tracking Detailed logging and reporting based on actual consumption. |
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Cost Center Mapping Ability to track costs by department or business unit. |
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Forecasting of Resource Spend Predict future spend based on historical usage patterns. |
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Budgets & Alerts Users/departments can set usage budgets and receive alerts. |
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Chargeback/Showback Functionality Generate internal billing reports for usage. |
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Granular Billing Reports Highly detailed breakdowns by job, project, or user. |
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Historical Spend Analysis Tools to analyze and query past spending trends. |
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Pre-Usage Cost Estimator Estimate costs for jobs or data processing in advance. |
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Automated Cost Allocation Automatic division of costs among users/projects. |
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API for Cost Data Extraction Programmatic access to usage and billing data. |
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Multi-Currency Support Handle and report costs in various currencies. |
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Customizable Cost Categories Define and alter categories for expense grouping. |
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Integration with Corporate Finance Systems Push/pull expenditure data to/from ERP, GL, etc. |
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Tax Calculation Support Automatically apply relevant taxes to usage reports. |
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User-Friendly Reporting Dashboards Interactive dashboards for exploring costs. |
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24/7 Technical Support Around-the-clock support from vendor or IT staff. |
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Dedicated Customer Success Manager Assigned contact for proactive advice and escalation. |
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Online Knowledge Base Extensive documentation, FAQs, troubleshooting guides. |
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Community Support Forums Online user community and discussion forums. |
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Automated Diagnostic Tools Built-in utilities for self-diagnosing system issues. |
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Remote Access for Troubleshooting Support staff can access and troubleshoot remotely (with controls). |
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Automated Ticketing System Users can submit and track support issues online. |
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Service Level Agreement (SLA) Commitment to response and resolution times. |
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Patch and Upgrade Management Automated or scheduled delivery of system updates. |
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Usage and Performance Reporting for Support Support team can access system health statistics. |
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Custom Feature Request Process Users can formally submit requests for new capabilities. |
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Uptime/Availability Reporting Historical and real-time reporting of system uptime. |
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Escalation Procedures Clear process for critical incident escalation. |
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Support for Custom Integrations Help with connecting proprietary systems. |
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On-Premise and Cloud Support Options Support for both infrastructure types. |
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Plugin Architecture System supports extensions and third-party plugins. |
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Open Standards Support Compatible with industry-standard protocols and formats. |
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Custom Scripting Support Ability to write and execute scripts for automation or extension. |
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Loose Coupling with Other Systems System is architected for easy replacement/upgrading of components. |
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Modular Hardware Support Ability to add/remove hardware modules (e.g., new GPUs, FPGAs) without major downtime. |
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Upgradability System allows incremental hardware/software upgrades. |
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Long-Term Vendor Roadmap Transparent strategy for upcoming features, support, and compatibility changes. |
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Community or Ecosystem Contributions Active open-source or third-party development community. |
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Support for Emerging Technologies Ability to integrate with AI/ML hardware, quantum simulation, etc. |
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Backward Compatibility Ability to run older actuarial models/tools. |
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Sandbox/Test Environments Create isolated environments for development and experimentation. |
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Configurable Limits and Policies Admins can easily set/change resource or usage policies. |
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Documentation for Developers Comprehensive technical docs for extending or integrating the cluster. |
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Access to Beta Features Users can test features before general release. |
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Software Development Kit (SDK) Availability Official SDK for custom integration/extension. |
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