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Large Nordic bank and insurance company go live with ARMS

Arms

Large Nordic bank and insurance company go live with ARMS

A large conglomerate bank and insurance company recently went live with ARMS for Solvency II internal model and daily risk compliance of asset management mandates.

Great efforts have been made to accommodate the massive scale simulations performed for ALM analysis giving break-down granularity at single simulation sample and position level, even down to risk factor level. A previous solution could run for days in order to complete the entire simulation and now it is possible to perform the same run in a fraction of that time.

“Speed-ups were absolutely necessary as the new Solvency II regulation demands look-through of fund positions down on instrument level.” says Robert Thorén, Head of Risk Solutions.

For more information on ARMS for insurance companies please contact Sales +46 8 440 4400 or sales@algorithmica.se.

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