Prophet is a risk management platform used by the financial services industry to model companies’ financial business. Use the [facebook-prophet] tag if you are referring to Facebook's Prophet software.
Prophet is part of the SunGard iWorks business-driven IT product family for the insurance industry developed by SunGard Financial Systems.
Prophet is often used in insurance business: actuaries use it to define deterministic and stochastic models that represent key processes in their companies.
Prophet is composed of two separate components:
- a User Interface where Actuarial Models are developed
- a Calculation Engine that sits behind the User Interface and converts the actuarial code stored in a database into machine code which is then processed
