Quantifi, a provider of risk, analytics and trading solutions, today announced that it has been named Technology Firm of the Year at the Insurance Asset Management Awards. These awards recognise outstanding achievement in the UK and global insurance investment space among insurance companies, providers and individuals. Judges included senior representatives from HSBC Asset Management, Pictet Asset Management, L&G and the Association of British Insurers.
Risk management is a fundamental and integral aspect of the insurance asset management industry. The implementation of MiFID II, Basel lll, Solvency ll and IFRS13 has changed the way almost all portfolios are priced, traded and reported. A comprehensive approach is required to understand, measure and mitigate the market, credit and liquidity risk associated with managing an investment portfolio that supports assets and liabilities. A key objective for an insurer is to make sure there is sufficient cash flow to fund future payment obligations to clients. However, increasing regulatory oversight and capital requirements have made this more challenging. As a result, firms are turning to liability driven investment (LDI) strategies to attain their funding target more readily. The goal for insurers is to optimise the balance between risk and return while ensuring long-term financial stability.
“There is growing demand for integrated solutions, like Quantifi, that provide a holistic picture of risk across multiple asset classes.”Rohan Douglas, CEO, Quantifi
Quantifi helps insurance companies with enhanced trade processing, sophisticated modelling as well as consistent pricing across assets and liabilities to develop effective hedging strategies. Clients use Quantifi’s comprehensive suite of best-of-breed models, including structured product framework (SPF), to model complex liabilities. The ability to model both the assets and liabilities with built-in support for complex scenario analysis lends itself to effective asset liability management.
“We are delighted to be named Technology Firm of the Year by the Insurance Asset Management Awards. This is the fourth technology award we have won this year,” comments Rohan Douglas, CEO, Quantifi. “The complex nature of the insurance industry requires comprehensive, accurate and transparent risk management. There is growing demand for integrated solutions, like Quantifi, that provide a holistic picture of risk across multiple asset classes. Our clients have long recognised the advantages Quantifi brings to their business through sophisticated analytics, automation and reporting tools,” continues Rohan.