Create and manage UDC classifications

A User Defined Category (UDC) allows you to categorize companies and programs based on criteria that are specific to your business needs.

Previously, Touchstone Re supported adding or modifying UDCs only through the UDC Manager in the Touchstone Re user interface, or clients had to depend on workarounds like executing SQL scripts in the Touchstone Re databases. This resulted in time-consuming client workflows.

In this release, we added the ability to automate UDC in client workflows through the public API services. The public API services now support up to five UDC company and five UDC program categories, and each company or program category supports up to 250 user-defined classifications. For example, you can create a new company UDC category such as “Underwriting Office”; classifications within this category can be based on geographic locations like London, Bermuda, Singapore, etc. You can then use a sub-group of the overall portfolio for downstream analysis.

Enhancements

You can use the UDC public API services to:
  • Fetch UDC classifications for the company.
  • Fetch UDC classifications for the program layers.
  • Update existing UDC classifications such as company name and identifier (ID) for a company.
  • Update UDC classification for one or all layers in a program.
  • Obtain UDC classification Sequential Identifiers (SIDs) for a program's layer(s) within a specific Touchstone Re Touchstone Re program.
  • Assign UDC classifications for each layer when you create a new program using the existing CreateProgram method.
  • Assign UDC classifications when you create a new company using the existing CreateCompany method.

Rules for updating UDC

  • A UDC classification need not always be assigned for all company or program UDC categories.
  • A UDC category and classification follow a one-to-one relationship. That is a classification cannot have more than one UDC classification.
  • A UDC classification belongs to a UDC category. For example, a classification created in category 2 must not be assigned to category 1.
  • A UDC program or company classification is non-interchangeable, that is, a company classification must be assigned to another company classification, and a program classification must be assigned to another program classification.