Frequently Asked Questions 

Q: What is Coherent and what problems does it solve? 
A: Coherent is an automation and intelligence platform that transforms complex spreadsheet logic into governed, API-ready services. It eliminates manual re-coding, reduces operational risk, and accelerates time to market by integrating directly into policy administration systems, CRMs, governance platforms, analytics tools, and AI/ML workflows. Purpose-built for industries such as insurance, banking, and capital markets, Coherent enables enterprises to convert spreadsheets into reusable microservices. 

Q: How does Coherent transform spreadsheets into APIs? 
A: Coherent converts Excel model logic into high-performance code exposed as secure APIs. Users simply tag input and output cells in Excel, upload the file to Coherent, and the platform instantly creates callable services without manual coding. This preserves actuarial or financial intent while ensuring consistent, governed execution across systems. 

Q: What governance and testing features does Coherent provide? 
A: Coherent delivers enterprise-grade governance with version control, maker-checker approvals, role-based permissions, environment promotion gates, and immutable audit trails. Its Testing Center supports regression, smoke, and scenario testing, while API call history enables full traceability and replay for audits and validations. 

Q: What deployment models does Coherent offer for regulated industries? 
A: Coherent supports SaaS, on-premise, and hybrid deployment models. Hybrid execution allows approved models to run locally while remaining centrally governed, meeting strict data residency, control, and performance requirements. 

Q: How does Coherent integrate with external data sources and AI models?
A: Through XConnector, Coherent APIs can connect with third-party data providers in real time. Logic structured by Coherent can feed AI and large language model workflows, enabling intelligent applications powered by governed business rules and calculations. 

Q: How does Coherent handle large datasets and reporting.
A: Coherent processes large datasets through batch APIs and a Python SDK for efficient data handling. For reporting, its XReport capability generates multi-page PDFs directly from model logic, producing compliant, client-ready documentation without manual formatting. 

Insurance — Property & Casualty 

Q: How does Coherent accelerate rating and pricing for P&C insurers? 
A: Coherent converts Excel-based rating models into governed, production-grade APIs without rewriting formulas. Actuarial teams can publish updates directly from Excel with built-in testing, approvals, and version tracking—enabling faster rate changes, improved pricing agility, and consistent governance across all product lines. 

Q: How does Coherent improve underwriting workflows for insurers? 
A: Coherent enables insurers to publish Excel-based decision rules directly to core systems, maintaining speed and accuracy. It standardizes decision logic across distributed teams, improves quote consistency, and reduces compliance risk by tracking and auditing every change. 

Q: How does Coherent modernize claims reserving processes? 
A: Coherent transforms manual reserving spreadsheets into governed APIs, enabling real-time reserve adjustments, consistent methodologies, earlier detection of high-severity claims, and reduced rework from outdated models. 

Q: How does Coherent address spreadsheet risk in P&C operations?
A: Coherent automatically discovers and inventories all end-user spreadsheets, scores their risk, and applies governance controls. This reduces compliance exposure, improves audit readiness, and removes reliance on uncontrolled, high-risk spreadsheets. 

Insurance — Life & Retirement 

Q: How does Coherent streamline life and annuity illustrations? 
A: Coherent deploys Excel-based illustration models as APIs powering client-facing tools. This ensures consistent, compliant outputs, automates disclosures, speeds policy issuance, and reduces manual processing errors. 

Q: How does Coherent accelerate actuarial modeling and scenario testing for life insurers? 
A: Coherent converts complex Excel models into scalable APIs, allowing actuaries and finance teams to run what-if analyses in minutes, adjust pricing strategies rapidly, and improve forecasting accuracy with up-to-date inputs. 

How does Coherent support IFRS 17 and other regulatory compliance for life & retirement insurers? Coherent automates data flows, standardizes business logic, and enforces governance for all models. With full version control and audit trails, insurers can achieve faster, more accurate reporting while reducing compliance risk. 

Banking & Capital Markets 

Q: How does Coherent help banks modernize critical models? 
A: Coherent modernizes capital planning, stress testing, liquidity, CECL, ALM, and risk models by converting spreadsheet-based logic into governed APIs. This accelerates execution, standardizes assumptions, maintains audit trails, and integrates with core risk, finance, and GRC systems. 

Q: How does Coherent operationalize Excel for capital planning, stress testing, and liquidity?
A: By publishing approved models as secure APIs with version control and audit trails, Coherent enables banks to execute scenarios faster, standardize methodologies, and maintain compliance-ready evidence. 

Q: How does Coherent support model risk management and EUC governance in banking?
A: Coherent discovers, inventories, and risk-scores spreadsheets, maps lineage, and enforces maker-checker approvals. It maintains immutable audit histories to ensure regulatory readiness and reduce SR 11-7 compliance exposure. 

Q: What measurable results do banks achieve with Coherent?
A: Banks using Coherent report faster planning cycles, lower error rates, quicker validations, and simpler audits through automated evidence packs and complete change histories. 

Q: How does Coherent integrate with bank technology ecosystems?
A: Coherent integrates with GRC platforms, data warehouses, BI tools, reporting systems, and AI/ML workflows. Its Transforms API reshapes complex JSON data for seamless fit between calling and receiving systems. 

Q: Can Coherent run models locally for data residency or performance needs?
A: Yes. Coherent’s hybrid deployment allows approved logic to run locally under central governance, supporting data residency, low-latency, and offline scenarios while maintaining unified control.