Enterprise Risk Management Technology Guide 2024/25

Conning - ADVISE® Enterprise Risk Modeler

Type of System

  • Asset/liability management
  • Capital modelling
  • Economic / risk scenario generator
  • End-to-end ERM
  • Internal/external reporting
  • LDTI solution
  • Portfolio analysis/hedging
  • Solvency II solution
  • Stress and scenario testing

Type of platform

  • Cloud
  • Desktop-based
  • Grid
  • Server-based

Other features - does your offering facilitate

  • Curve-fitting
  • LDTI
  • Least-squares Monte Carlo
  • NAIC Principle-based reserving
  • NAIC RMORSA
  • Solvency II internal model
  • Solvency II standard formula

What are the typical implementation costs?

The annual subscription fee depends upon the required software features, the number of users, and the range of economies to be modelled.

How long does your software take to implement on site?

The software can be downloaded, installed, and licensed in less than an hour. Implementation time is dependent on client needs, with clients often able to start producing meaningful management reports within a couple of months.

Please name companies that use the system/solution

We do not disclose the names of specific clients. Conning's risk modelling software is used by approximately 90 clients, including several of the "top 10" insurers in North America, Europe, and Asia.

Do you have an open API?

Yes

Contacts

North America: Lorraine Hritcko - [email protected]

Europe: Mark Saunders - [email protected]

Asia: Ruby Yang - [email protected]