Enterprise Risk Management Technology Guide 2023/24

Ultimate Risk Solutions - Risk Explorer™

Type of System

  • Asset/liability management
  • Capital modelling
  • Climate risk management
  • Cyber risk management
  • Economic / risk scenario generator
  • Economic capital aggregation
  • End-to-end ERM
  • Exposure management
  • IFRS 17 solution
  • Internal/external reporting
  • Operational risk management
  • Portfolio analysis/hedging
  • Risk management
  • Solvency II solution
  • Stress and scenario testing
  • Stress testing
  • Ceded Reinsurance/Retro Evaluation, Economic Capital Modeling, Asset Portfolio Modeling, Reinsurance Pricing

Type of platform

  • Cloud
  • Desktop-based
  • SaaS
  • Server-based

Other features - does your offering facilitate

  • Curve-fitting
  • IFRS 17
  • Replicating portfolios
  • Solvency II internal model
  • Solvency II standard formula

What are the typical implementation costs?

Installation costs are minimal and typically free. Licensing costs depend on the scope of use and number of users.
URS designs our platforms carefully to ensure that no specialized computer programming skills are needed to build, maintain, and enhance your models to derive value from risk modelling.

With its intuitive build that modelers can be in control of, it is easy to understand how methodologies flow from the beginning to the end, while retaining the ability to extensively innovate without the need for programming.
This ease of model build, flexibility and scalability with Risk Explorer considerably reduces implementation costs for our clients.

How long does your software take to implement on site?

The platform can be downloaded, installed, and licensed in a few minutes with a standard installation package with light implementation requirements. We provide a range of tools to automate workflow including API and interoperability with R and Python as well as support for clients through implementation. 

A host of advanced functionalities can be efficiently run using distributed simulations across multiple processors, running simulations in other computers in a pool or remote computers and running simulations in the Cloud, which ensures fast execution of even the largest insurance models.

Please name companies that use the system/solution

We have 70+ global market leading clients from insurers, reinsurers, and reinsurance brokers in 30+ countries as well as medium to smaller firms and consultancies. We would be pleased to introduce prospects to some of our clients during the final due diligence phases of their selection process.


Harness the power of strong analytics, innovation and end-to-end ERM with Risk Explorer



Name: Madhuri Kumar                                  Name: Sasha Kuznetsov
Tel: +16473888722                                       Tel: +18456412744
Email: [email protected]">[email protected]                        Email: [email protected]">[email protected]

Guide entries by Ultimate Risk Solutions