Directory Search
Category: Structured Products
The Structured Products directory provides information about the principle technology vendors and consultants providing services to risk management professionals in life and general insurance companies globally.
Moody's Analytics
Scenario Analyzer is a stress-testing module that enables a variety of stressed scenarios to be applied consistently across the company's regulatory...
Actuaris International
The company has a number of packages. ERM System is a global modelling platform for financial/risk projection, financial/capital modelling, economic scenario generation, risk management and calibration, and asset liability management (ALM). IBNRS is reserving software for stochastic and deterministic projections of non-life reserves under local, international and Solvency II GAAPs. It includes a module for best-estimate and risk margin valuation according to QIS 5 requirements. Quasar is a package to automate and speed up the closing of accounts, in line with regulatory requirements. Actuaris Tools is a platform for data and process integration.
Conducter
Conducter provides a package covering governance, compliance, risk register, internal audit, process and controls, documentation, roles and responsibilities, and key indicator reporting. The web-hosted system is ‘wizard-based'. As well as the package offering, the modules can be purchased for custom adaptation. The system includes a ‘kernel controller' for the change management of an internal model, although Conducter does not provide the calculation kernels themselves. Conducter's technology uses Java with a zero footprint browser.
CSC
To its GraphTalk A.I.A policy administration system, CSC has added improved automation and flexibility in group risk business lines and a new tool to simplify configuration of marketing product variations. The VP/MS product life cycle management solution is now offered with pre-configured product content and a new web user interface generator including support for mobile devices. The reinsurance solution, SICS, has been enhanced to provide better support to syndicate business in the London Market. SICS Cede, the company's product for outbound reinsurance, has been enhanced to enable greater flexibility and automation. CSC has also launched a solution for pension auto-enrolment to enable UK insurers to comply with new regulations.
GGY
GGY's Axis is an actuarial system for life, fixed and variable annuity, and health products. It supports seriatim valuation, pricing, product development and financial projection, and integrates ALM, dynamic hedging and advanced stochastic capabilities suitable for economic capital and Solvency II applications. Axis allows companies to address economic risk and accurately reflect financial reporting impacts under multiple frameworks simultaneously. Centralised model management and control is offered through the EnterpriseLink Module.
Insureware
ICRFS-Plus is probabilistic software for quantifying and managing non-life, long-tail liability risks. It covers loss reserving, pricing, capital allocation, reinsurance solutions and modelling of relationships between lines of business, segments and layers. Probabilistic models are critical to economic capital calculations, capital allocation, dynamic financial analysis and supporting Solvency II metrics.
Longevitas
Longevitas offers a web-delivered risk-modelling toolset for demographic risks such as mortality and longevity. It models a wide range of risk factors, including postcode-driven mortality and the building of unisex risk models for pricing in the EU. Other services include mortalityrating.com and the Projections Toolkit, for projecting future mortality rates.
Markit Analytics (Formerly Quic Financial Technologies)
Markit provides independent data, valuations, analytic services and trade processing across all asset classes to enhance transparency, reduce risk and improve operational efficiency. The Quic Insurance Solution employs a component-based framework to provide highly flexible ERM solutions to support the risk and capital management needs of insurers. The product offers Solvency II internal modelling capabilities for life and non-life businesses, including portfolio replication, curve fitting, frequency-severity approaches; granular asset modelling; capital projection of the balance sheet; and aggregation of disparate risk types using a correlation matrix or copula approach.
Milliman
MG-Alfa is a financial modelling system for insurance and pension funds. The system can be deployed as a desktop solution for typical actuarial modelling, or as an automated end-to-end production solution for Solvency II. Key advantages include processing speed, unlimited capacity for stochastic ALM models, a flexible data model and flexible business logic, Excel-based tabular input and reporting tools, and extensive tools for controls and governance. MG-Alfa is now integrated with Microsoft Azure and future enhancements will expand the Azure integration and offer additional support for International Financial Reporting Standards (IFRS) and Solvency II.
PillarOne
PillarOne is a modular enterprise risk management platform that can run on anything from a single laptop to a grid or cloud. It is used by insurance and reinsurance companies to build and execute models for risk and capital management, portfolio and reinsurance optimisation, ALM and cashflow projections. PillarOne provides documentation and process support features to help comply with the governance requirements of Solvency II's pillar 2. Its plug-in architecture makes it possible to add regulatory reporting software to the system. PillarOne's core is open source.
To find out how your organisation can be listed in the Risk Directory please contact:
US office
Madelyn Sminkey
Telephone: +1 646 755 7253
Email: madelyn.sminkey@incisivemedia.com
UK office
Ewa Rosol
Telephone: +44 (0) 20 7484 9739
Email:ewa.rosol@incisivemedia.com
Updating your subscription status 
Risk IPad Apps
Email alerts
Weekly poll
Using market and credit risk analytics to strengthen performance
This white paper reviews the various steps banks are taking to improve their risk management techniques.
How financial services need to consider their IT infrastructure
The global credit crisis exposed the weaknesses inherent in the risk management and IT infrastructures employed by banks.
Related Jobs
