Awards 2012: Best Solvency II software package: IBM (formerly Algorithmics)

Best Solvency II software package: IBM (formerly Algorithmics)

Curt Burmeister at IBM

A major focus of IBM’s work has been enhancing the workflow tools in its Solvency II software to support insurers’ reporting needs.

Larger insurers, in particular, face challenges in managing the reporting process and have been pushing for tools to support the process, says Curt Burmeister, vice-president of buy-side risk solutions at IBM Risk Analytics, based in Boston, Massachusetts.

“We have spent a lot of time developing our workflow tool to help companies manage what is a very complex repor