Ultimate Risk Solutions - Risk Explorer

Type of System

  • Capital modelling
  • Economic capital aggregation
  • Economic / risk scenario generator
  • Exposure management
  • Operational risk management
  • Risk management
  • Stress testing
  • Asset/liability management
  • End-to-end ERM
  • Solvency II solution
  • Internal/external reporting
  • Portfolio analysis/hedging
  • Ceded reinsurance/retro evaluation and reinsurance pricing

Type of platform

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

Other features - the offering facilitates:

  • Curve-fitting
  • Least-squares Monte Carlo
  • Replicating portfolios
  • NAIC RMORSA
  • Solvency II standard formula
  • Solvency II internal model
  • IFRS 17

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 modellers 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.

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Harness the power of strong analytics, innovation and end-to-end ERM with Risk Explorer #IFRS17 #ECM

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