Package: ods-tools
ODS ToolsOverviewODS Tools is a Python package designed to support users of the Oasis Loss Modelling Framework (Oasis LMF).
This package includes a range of tools for working with Oasis data files, including loading, conversion and validation.The package is based on a release of:
in accordance with theODS_OpenExposureData.InstallationODS_Tools can be installed via pip by running the following command:pip install ods-toolscommand line interfaceODS tools provide command line interface to quickly convert oed files:example :ods_tools convert --location path_to_location_file --path output folderseeods_tools convert --helpfor more optionUsageloading exposure datain order to load oed file we use the concept of source.
A source will define how to retrieve the oed data. For the moment we only support files but other type of
source such as DataBase could be envisaged.
The loading itself support several format such as parquet, csv and all pandas read_csv supported compression
The path to the file can be absolute relative or even an urlconfig example:config={'location':'SourceLocOEDPiWind.csv',# csv file'account':'SourceAccOEDPiWind.parquet',# parquet file'ri_info':{'cur_version_name':'orig',# passing args to the reader function'sources':{'orig':{'source_type':'filepath','filepath':'SourceReinsInfoOEDPiWind.csv','read_param':{'usecols':['ReinsNumber','ReinsLayerNumber','ReinsName','ReinsPeril','ReinsInceptionDate','ReinsExpiryDate','CededPercent','RiskLimit','RiskAttachment','OccLimit','OccAttachment','PlacedPercent','ReinsCurrency','InuringPriority','ReinsType','RiskLevel','OEDVersion']}}}},'ri_scope':'https://raw.githubusercontent.com/OasisLMF/OasisPiWind/main/tests/inputs/SourceReinsScopeOEDPiWind.csv',# url}Access Oed File as DataFrameOnce the config is done you can create your OedExposure Object
and access the Dataframe representation of the different sources.
Data Type in the DataFrame will correspond to the typeimportods_toolsoed_exposure=ods_tools.oed.OedExposure(**config)location=oed_exposure.location.dataframeaccount=oed_exposure.account.dataframeSaving Change to the oed DataFrameYou can modify the DataFrame and save it as a new versionoed_exposure.location.save(version_name='modified version',source='path_to_save_the_file')you may also save the exposure itself this will save the current dataframe to the specified directory_path.
if you specify version_name, oed files will be saved as f'{version_name}_{OED_NAME}' + compression (ex: version_2_location.csv)
if the version_name is an empty string, oed files will be saved as just f'{OED_NAME}' + compression (ex: location.parquet)
if version_name is None,  oed files will take the same name as the current source if it is a filepath or f'{OED_NAME}' + compression otherwise
(ex: SourceLocOEDPiWind.csv)compression let you specify the file extension (csv, parquet, zip, gzip, bz2, zstd)if save_config is True the exposure config will also be saved in the directoryoed_exposure.save(directory_path,version_name,compression,save_config)OED ValidationValidity of oed files can be checked at loading time with the argument check_oedoed_exposure=ods_tools.oed.OedExposure(check_oed=True,validation_config=validation_config,**config)validation_config is a list of all check that you want to perform, if one oed source fail a check depending on validation_config
4 different action can be performed 'raise', 'log', 'ignore', 'return'.'raise' will raise an OdsException'log' will log the issue with a info level'ignore' will ignore the issue'return' will return the check issue in a list in order for the developer to perform its own treatment.
In that case the check method need to be called instead of relying on the constructoroed_exposure=ods_tools.oed.OedExposure(check_oed=False**config)invalid_data=oed_exposure.check(custom_validation_config)the curent default validation under ods_tools.oed.common DEFAULT_VALIDATION_CONFIG containsVALIDATOR_ON_ERROR_ACTION={'raise','log','ignore','return'}DEFAULT_VALIDATION_CONFIG=[{'name':'required_fields','on_error':'raise'},{'name':'unknown_column','on_error':'log'},{'name':'valid_values','on_error':'raise'},{'name':'perils','on_error':'raise'},{'name':'occupancy_code','on_error':'raise'},{'name':'construction_code','on_error':'raise'},{'name':'country_and_area_code','on_error':'raise'},]An OdsException is raised with a message indicating which file is invalid and why.Currency Conversion SupportExposure Data handles the conversion of relevant columns of the oed files to another currency
to do so you will need to provide information on the currency conversion method in the config or after loadingDictBasedCurrencyRatesDictBasedCurrencyRates is a solution where all the rate are provided via files and stored internally as a dictionary.We support csv file (compressed or not) or a parquet file where they will be read as DataFrame.
exemple of currency_conversion_json ("source_type": "parquet" if parquet file is used):{"currency_conversion_type":"DictBasedCurrencyRates","source_type":"csv","file_path":"tests/inputs/roe.csv"}The expected format is (roe being a float in parquet format):cur_from,cur_to,roe
USD,GBP,0.85
USD,EUR,0.95
GBP,EUR,1.12Rate can also be passed directly in currency_conversion_json
ex:{"currency_conversion_type":"DictBasedCurrencyRates","source_type":"dict","currency_rates":[["USD","GBP",0.85],["USD","EUR",0.95],["GBP","EUR",1.12]]}When looking for a key pair, DictBasedCurrencyRates check 1st for the key pair (cur1, cur2) then for (cur2, cur1).
So if a Currency pairs is only specified one way (ex: GBP=>EUR) then it is automatically assume that
roe EUR=>GBP = 1/(roe GPB=>EUR)if a currency pair is missing ValueError(f"currency pair {(cur_from, cur_to)} is missing") is thrownFxCurrencyRatesOasisLMF let you use the external packageforex-pythonto perform the conversion. A date may be specified in ISO 8601 format (YYYY-MM-DD)
currency_conversion_json:{"currency_conversion_type":"FxCurrencyRates","datetime":"2018-10-10"}those config can be added as a json file path of directly into the oed_config dictconfig_with_currency_rate={'location':'SourceLocOEDPiWind.csv',# csv file'currency_conversion':{"currency_conversion_type":"DictBasedCurrencyRates","source_type":"dict","currency_rates":{('USD','GBP'):0.85,('USD','EUR'):0.952,('GBP','EUR'):1.12}},'reporting_currency':'USD',}if reporting_currency is specified in the config, the oed file will be converted on load
It can also be set once the OedExposure object has been createdimportods_toolsoed_exposure=ods_tools.oed.OedExposure(**config)oed_exposure.currency_conversion=ods_tools.oed.forex.create_currency_rates({"currency_conversion_type":"DictBasedCurrencyRates","source_type":"dict","currency_rates":{('USD','GBP'):0.85,('USD','EUR'):0.952,('GBP','EUR'):1.12}})oed_exposure.reporting_currency='EUR'# this line will trigger currency conversion