Conning - Conning Allocation Optimizer®
Type of system
- Asset/liability management
- Strategic Asset Allocation
Type of platform
- Cloud
- Desktop-based
- Grid
- SaaS
- Server-based
- Web-based
Has the product an open API? Yes / No?
Yes
What are the typical implementation costs for your product?
Starting at $50,000 per year.
How long does your product take to implement on site?
The Conning Allocation Optimizer® is software-as-a-service, so no installation is required. Implementation time depends on the client requirements for the stochastic asset returns, along with the complexity of the optimisation (for example, if liabilities or regulatory capital are to be modelled). Implementation therefore typically ranges between one month and three months.
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 Allocation Optimizer®'s stochastic optimization engine rapidly evaluates thousands of possible asset allocation strategies across thousands of possible future states of the economy and financial markets. The tool:
- Supports a broad and extendable range of asset instruments, enabling investigations of the impact of changes to your investment
universe. - Incorporates company-specific investment guidelines, liabilities, cash flow, and solvency constraints.
- Evaluates the current asset mix and alternative strategies to understand the impact on economic value, accounting, and solvency capital
requirements.
Website
www.conning.com/software-and-services/strategic-asset-allocation