Ortec Finance - GLASS
Type of System
- Capital modelling
- Economic capital aggregation
- Economic / risk scenario generator
- Exposure management
- Risk management
- Stress testing
- Asset/liability management
- Solvency II solution
- Internal/external reporting
- Portfolio analysis/hedging
- Climate risk management
Type of platform
Other features - the offering facilitates:
- Solvency II standard formula
- Solvency II internal model
What are the typical implementation costs?
GLASS is based on a subscription or licence model. Implementation costs vary, mostly depending on the client’s selected scope, as well depending on the client’s IT structure and connectivity situation.
How long does your software take to implement on site?
All implementations are bespoke. Timelines are dependent upon the client’s selected scope, IT structure and connectivity situation.
Please name companies that use the system/solution
Schroders, ING, Philips Pension Fund, OMERS, NTUC Income, eLo
Ortec Finance’s GLASS offers insurers global ALM simulation, supported by real world & risk neutral economic scenarios. @OrtecFinance
How does your solution integrate with third-party systems or in-house systems?
GLASS’s modular approach enables seamless and flexible integration with third party and in-house systems and processes.
What is the key attribute of your product(s) that differentiates it from your competitors?
Ortec Finance’s unrivalled Economic Scenario Generator that delivers efficient, consistent, realistic and independent scenarios, powered by Ortec Finance’s frequency domain approach, is included in GLASS.
What trends are you seeing in terms of customer demand?
We see an increasing demand for sophisticated economic and climate scenarios and solutions that can translate these scenarios into optimal balance sheet management decisions.