Securis Investment Partners has licensed management software from RMS to help tackle the data-rich insurance-linked securities (ILS) sector.
Exposure Manager, the first solution on the RMS(one) platform, highlights exposures in detail across global portfolios to help manage risk concentrations more consistently.
ILS requires catastrophic events to be tracked. In the aftermath of an event, firms such as Securis must grapple with vast quantities of data to understand the proximity of their risk clusters to hazard zones.
Exposure Manager will allow Securis to calculate key metrics, such as exposed limit, quickly and efficiently. Analytics are provided in visual format and are customisable, enabling firms to progressively fine-tune their insights to make faster decisions, according to RMS.
Herbie Lloyd, head of insurance at Securis, said: “We are delighted to include Exposure Manager within Securis’s expanding suite of analytical capabilities. The current capability and indeed the development vision for this product is extremely complementary with Securis’s strategy to continuously develop cutting edge portfolio management capability.”
Farhana Alarakhiya, vice president of software products at RMS, said: “What distinguishes Exposure Manager from other portfolio management solutions is that it’s built on a big data and analytics platform architected specifically so that risk-carriers can interrogate both exposures and modeled losses in one analytics environment.”
“Exposure Manager can process large volumes of data while also producing analytics at any granularity. This means our clients can create risk insights across their entire risk management process to drive more informed decision-making.”
