One live model of investment, funding, covenant, longevity and liquidity risk on one page — wired to the scheme funding level — so integrated risk management and the TPR DB Funding Code draw on one current model rather than a triennial cross-adviser programme.
Investment risk sits with the LDI manager, covenant with the covenant adviser, longevity and funding with the actuary — each on its own cycle, joined only at valuation. The 2022 gilt episode showed how fast investment, liquidity and funding risk move together. Abgalis carries them in one continuously updated model wired to the funding position, so the interactions — a rate move into a collateral call into a funding swing — are visible in real time, not reconstructed after the fact.
It is analytics, not authority: your trustees, actuary and advisers retain ownership of the valuation, the funding strategy and every judgement. Abgalis is the intelligence layer beneath them.
The funding-and-investment strategy, low-dependency at significant maturity and covenant proportionality that TPR's DB Funding Code expects — carried live, with fast-track and bespoke tests run against a current position rather than rebuilt each cycle.
Investment, hedging and collateral risk connected to funding and liquidity, so a rate shock and its collateral consequences are seen together — the lesson of 2022 built into the model, not learned again.
Employer covenant and longevity carried as live domains against funding, so IRM is one connected view — investment, funding, covenant and longevity on one page — not four separate adviser reports.
Because the model is integrated, you can play a shock through it — a rate move, an equity drawdown, a collateral call, a covenant deterioration — and watch it cascade across domains and resolve to the funding level and the journey plan, including reverse stress tests.
See it on the war-gaming view, how the integrated proposition compares with the tools your advisers run today on the comparison for pensions, and the transmission axis in the Cascading Risk Index.
Abgalis gives a scheme one continuously updated model of investment, funding, covenant, longevity and liquidity risk on one page, wired to the funding level, so integrated risk management and DB Funding Code work draw on one current model. It is a data and analytics layer beneath the trustees, actuary and advisers, who retain accountability for the valuation and funding strategy.
The Code expects a documented funding-and-investment strategy, low dependency by significant maturity and covenant proportionality. Abgalis carries the fast-track and bespoke tests live against a current funding position, so the assessment stays current rather than being rebuilt each valuation. Trustees should confirm current Code requirements against TPR source material.
Investment, hedging and collateral risk are connected to funding and liquidity in one model, so a rate shock and the collateral calls that follow are seen together in real time — the interaction the 2022 gilt episode exposed — rather than in separate tools on separate cycles.
Investment, funding, covenant and longevity are carried as live, connected domains against the funding position, so IRM is one integrated view with reverse stress tests and journey-plan impacts, rather than four separate adviser reports reconciled at valuation.
No. Abgalis is an intelligence and integration layer above the specialists you already use — actuarial valuation software, LDI/investment-risk tools, covenant advice. It connects them into one live view; it does not replace them or the trustees' and actuary's ownership of the numbers.
Abgalis Limited is a risk data and analytics provider, not an authorised or regulated firm, and does not provide regulated or actuarial advice. It is designed to operate against the scheme's estate with data-handling and operational-resilience expectations treated as first-order; deployment and data-residency arrangements are agreed per engagement and confirmed contractually.
The integrated approach is most directly suited to DB scheme funding, covenant and investment risk. Where a scheme runs DC or hybrid arrangements, the relevant risks can be brought into the same connected view; the specific scope is agreed per engagement.
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Abgalis Limited is a risk data and analytics provider, not an authorised or regulated firm, and does not provide regulated, actuarial, investment or legal advice. References to the TPR DB Funding Code, integrated risk management and covenant assessment describe the context schemes operate in; accountability for the valuation, funding strategy and all trustee judgements remains with the trustees and their advisers. Confirm current requirements against TPR source material.
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