TechnologyMetaRisk 7.1 Update Unveiled by Guy Carpenter

MetaRisk 7.1 Update Unveiled by Guy Carpenter

Guy Carpenter and Company, a risk and reinsurance specialist, has released MetaRisk 7.1, an update to its risk and capital management software tool, which is aimed at treasurers and other finance professionals who want to model catastrophic risk scenarios, reserves scenarios and reinsurer default risk, among other things. 

The updated platform offers access to a variety of new features and enhancements that will improve usability, increase overall functionality and enable the development of more accurate and efficient risk and capital models, claims Guy Carpenter. 

MetaRisk provides users with the ability to see, understand and interact with the drivers of risk, assess options accordingly, and make informed, proactive decisions to grow the value of their business. The platform is integrated to provide comprehensive underwriting, reserve, catastrophe, credit and investment risk capabilities. 

MetaRisk 7.1 also allows a company to communicate its risk processes and decision rationale to all constituents – from management to shareholders, regulators and credit rating agencies (CRAs). In addition, it enables users to meet the rigorous demands of Enterprise Risk Management (ERM) stipulations and the impending Solvency II capital adequacy requirements for the insurance sector. 

“This newest instalment of the MetaRisk platform delivers access to new business-critical intelligence that was not available before and illustrates our commitment to continue to invest in developing leading-edge products and services for our clients,” said Don Mango, head of enterprise analytics at Guy Carpenter. “With this upgrade, users will be able to quickly identify the drivers of adverse risk scenarios, run sensitivity analysis and dynamically evaluate alternatives to mitigate risk and find opportunities to grow their business profitably.”

 

Related Articles

Is Ripple a threat to SWIFT gpi's monopoly on cross-border payments?

Banking Is Ripple a threat to SWIFT gpi's monopoly on cross-border payments?

2m Victoria Beckett
Digitization and the role of the digital treasurer – part 2

Automation Digitization and the role of the digital treasurer – part 2

2m Victor Penna
Digitization and the role of the digital treasurer – part 1

Banking Digitization and the role of the digital treasurer – part 1

2m Victor Penna
Burn those spreadsheets - and 4 other ways that treasurers can help their CFOs sleep better

Automation Burn those spreadsheets - and 4 other ways that treasurers can help their CFOs sleep better

2m Bob Stark
PSD2 'most interesting' when combined with social media or government data

Banking PSD2 'most interesting' when combined with social media or government data

2m Victoria Beckett
How will tech reshape the banking industry? Three areas to watch this year

Banking How will tech reshape the banking industry? Three areas to watch this year

2m Mike Foster
An investment guide to cryptocurrencies

Corporate to Bank Relationships An investment guide to cryptocurrencies

2m Michael McCaw
The quiet revolution of Cloud technology

Big Data The quiet revolution of Cloud technology

2m David Beach