Demonstrating Responsibility in Insurance, Reinsurance and Pension Funds:
|Your role:||Your data management challenge:||How Asset Control can help:|
|Chief Technology Officer (AKA, Chief Information Officer)||
|Chief Operating Officer
Fresh asset classesFor many pension funds, the investable universe has expanded considerably in the last decade. In many instances, managers are no longer obligated to meet minimum levels of domestic investment; instead, they can seek the best opportunities anywhere in the world. Further, the asset range now extends into new investment areas, such as hedge funds, commodities and credit markets. These opportunities create a growing need for new data sources -- and for a simpler way to integrate them into one information stream.
More sophisticated risk management calculations
Today's pension fund managers are now required to make more calculations more frequently. For defined benefit plans, regulators want to see more precise and more frequent figures on the coverage ratio or funding gap between the net present value of obligations and assets. In general, sophisticated risk management metrics and frameworks have made their way into the pension world, but the data needed to power these is often inadequate.
Coming soon: Solvency II
Regarded as the "Basel of the insurance world," Solvency II (effective 2014) will impose new obligations on insurers and reinsurers operating in Europe. While the coming regulations standardize the current proliferation of multiple national standards, they make new demands for accountability including minimum capital requirements (MCR) and solvency capital requirements (SCR). Fulfilling the new enterprise risk management framework will require clean, timely data for portfolio valuation and analysis culled from multiple internal and external sources that can withstand close scrutiny.
Our deep international experience and expertise allows us to craft solutions that meet the challenges of the most data-intensive financial transactions. As an alternative to fixed data services or spreadsheet work-arounds, our products allow you to:
Think big by thinking small:Many solutions providers demand a labor and resource intensive investment up front. Asset Control solutions are deliberately modular – you can begin by tackling the data piece most important to you. As your investment needs grow, your data structure can grow with them.
Make accurate valuations:Backed with years of investment industry experience, Asset Control leverages advanced data models that expose and integrate the individual values underlying today's complex instruments.
Add new sources on the fly:Asset Control integrates all data streams into one consistent format under your command. Need a new source? No problem. Our adaptors will have you up and running immediately.
Make changes without pain:As you invest in new asset classes or incorporate new sources, you may need new data fields and identifiers. Asset Control allows your business analysts to make the adjustments you need without new coding or the services of a database developer.
Get updates fast:Asset Control continually monitors source changes and delivers updates to your team automatically – no disruptions, no hassles.
Manage workflows:We favor substance over flash through tools designed to process large volumes of complex data with multiple attributes. To simplify front office management, Asset Control offers roll-based, configurable workflows that can be adjusted by function and need.
Ensure transparency:It’s not just the regulators – your stakeholders insist on clarity. In an environment where you're obligated to demonstrate your integrity, Asset Control solutions maintain an audit trail that brings transparency to your reserve obligations.