Conning - GEMS® Economic Scenario Generator
Type of system
- Capital modelling
- Economic / risk scenario generator
- IFRS 17 solution
- LDTI solution
- Solvency II solution
- Stress and scenario testing
Type of platform
- Cloud
- Desktop-based
- Grid
- SaaS
- Server-based
- Web-based
Other features
- Curve-fitting
- Least-squares Monte Carlo
- Solvency II internal model
Has the product an open API? Yes / No?
Yes
What are the typical implementation costs for your product?
The annual subscription fee depends upon the required software features, the number of users, and the range of economies to be modelled.
How long does your product take to implement on site?
The software can be downloaded, installed, and licensed in less than an hour. Built-in standard templates allow for comprehensive single-/multiple-economy scenarios to be generated immediately.
Please name companies that use the system/product
We do not disclose the names of specific clients. Conning's risk modelling software is used by approximately 100 clients, including several of the "top 10" insurers in North America, Europe, and Asia.
Product summary: Please summarise your product’s key points for re/insurers in no more than 100 words.
Conning’s GEMS® Economic Scenario Generator provides advanced modeling, simulation, and calibration capabilities for the entire range of real-world and risk-neutral applications. GEMS® offers:
- Multi-currency, multi-period models
- Wide range of asset classes and derivatives
- Realistic model dynamics, including non-linear tail correlations
- Recalibration tools
Website
www.conning.com/software-and-services/economic-scenario-generator