Type of System
- Asset/liability management
- Capital modelling
- End-to-end ERM or Solvency II solution
- Internal/external reporting
- Portfolio analysis/hedging
- Risk Management
- Reserving solution
- Stress testing
Type of Platform
Most recent significant updates:
Version 2.6 released in April 2018.
The offering facilitates
- NAIC's RMORSA
- Solvency II standard formula
- Solvency II internal model
- IFRS 17
- Principle-based reserving
Integration with third-party or in-house systems?
RiskAgility FM integrates with Willis Towers Watson's automated process workflow solution, Unify and vPlace, Willis Towers Watson's Software-as-a-Service platform; it can read data from any delimited text file, any database with a defined OLEDB connection string and Microsoft Excel; RiskAgility FM models can be run using Willis Towers Watson's virtual grid solution, vGrid.
Implementation and Costs
Typical implementation costs:
Varies with the scope of the implementation.
Key attributes of product:
RiskAgility FM is part of our Solutions for Life portfolio of integrated software, technology and consulting services – a holistic solution for managing the end-to-end risk modelling process. RiskAgility FM's role in the process is to provide life insurers with a range of powerful, flexible modelling capabilities and applications on a modern technology framework.
Key Benefits Include:
Fully built-out applications with extensive actuarial product functionality for standard insurance products in key markets.
Unmatched flexibility for model customisation to enable insurers to achieve self-reliance in modelling innovative product features and company practices.
Separation of components for code development, input and assumption management, run management and output management.
RiskAgility FM provides life insurers with a range of powerful, flexible modelling capabilities and applications on a modern technology framework.
Please name companies that use the system/solution:
In excess of 300 insurers worldwide use our life actuarial modelling platforms.