Ohio National chose the Numerix platform for the economic risk management of its variable annuity (VA) rider products. Numerix Leading Hedge provides functionality for scenario generation, valuation and risk profiling-enabling it to be used in applications including hedging, pricing, product design, enterprise risk management and actuarial valuation of VA obligations.
"The Numerix platform plays a central role in elevating our risk management infrastructure and analytics. We have realized significant advances in flexibility, expandability, reduced run-time and transparency with the adoption of Numerix Leading Hedge." —Michael DeWeirdt, Senior Vice President,Financial Risk Management at Ohio National