New York, NY – January 17, 2018

Numerix, the leader in risk technology, is proud to announce that Numerix Oneview Insurance has been named Actuarial Modelling Product of the Year in the Risk.net Market Technology Awards 2018. The award presentation, held in London on November 28th, is one of the industry's most prestigious honors celebrating excellence in risk technology.

An integrated platform for asset and liability management and hedging that includes an economic scenario generator (ESG) for risk-neutral and real-world scenarios, Oneview Insurance encompasses the Leading Hedge risk management and hedging tool for life and annuity products.

Numerix CEO, Steve O’Hanlon comments, “Numerix Oneview Insurance is the next generation modeling platform designed to address the life insurance industry’s most challenging problems. Built on top of the core Oneview application stack, Oneview Insurance is a content-oriented platform that has been designed from the ground up to perform enterprise scale pricing, simulation, and projection of complex life insurance liabilities, general account assets, and derivative hedge assets on a model and scenario consistent basis across the entire enterprise.”

Risk editors commented on Numerix’s ability to successfully cross over from established capital markets analytics company into insurance. “Good to see the integration of actuarial
modelling into a strong hedging and trading platform,” judges added.

O’Hanlon concludes, “We’re honored to be recognized in this year’s award program. In 2018 we will continue to explore emerging technologies, in particular looking for opportunities around data and analytics, user experience and open source applications. For these initiatives, we look forward to competing across not only insurance, but the risk management, pricing and front office technology categories.”

The full list winners of this year's awards can be found here.

About Numerix

Numerix is the leading provider of innovative capital markets technology solutions and real-time intelligence capabilities for trading and risk management. Committed to out-of-the box thinking, the exploration and adoption of latest technologies, Numerix is dedicated to driving a more open, fintech oriented, digital financial services market. Built upon a 20+ year analytical foundation of deep practical knowledge, experience and IT understanding, Numerix is uniquely positioned in the financial services ecosystem to help its users reimagine operations, modernize business processes and capture profitability. For more about Numerix: www.numerix.com

 

 

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