Windsor software and service provider SS&C Technologies Holdings, Inc. on Tuesday launched a new insurance product to help executives calculate risk.
The CAMRA I-Risk product helps insurance companies address emerging solvency standards by combining financial reporting capabilities with a position-based simulation model.
The product delivers risk calculation addressing enterprise risk management, solvency for international insurers and the ongoing U.S. solvency modernization initiative. Risk measures include value at risk, sensitivity and stress testing, effective duration and convexity, key rate duration, projects investment income, cash flow and fair market values.
I-Risk comes with Web portal capabilities including iPhone/iPad apps.