Nasdaq has launched what it claims to be the first independent multi-vendor risk modelling service for the reinsurance industry. The cloud-based solution enables insurers, reinsurers, and brokers to access to a broad range of best-of breed risk models from a number of providers through a single service. The service is powered by the latest version of the Oasis Loss Modelling Framework, an open source catastrophe modelling framework, offering clients faster modelling time, flexible reporting output and broader modelling for financial structures. The cloud-deployed service also offers a Rest API to enable rapid integration with external systems.
A-Team Insight Briefs
Nasdaq Launches New SaaS Risk Modelling Service
Rising volumes and increasing complexity of corporate actions are challenging market participants’ efforts to reconcile data, automate corporate actions processing, and contain costs. The culprits causing these challenges include legacy systems, missing skills, manual processes, data quality issues, and a lack of standardisation. Added to these is the increasing complexity of corporate actions such as...
By Mike O’Hara, A-Team Special Correspondent. Data is often cited as the most essential resource in today’s global economy, with many of the world’s most valuable companies, including Amazon, Facebook, Microsoft and Google parent Alphabet profiting massively from how they collect, use and sell data. In financial markets, investment and trading firms have traditionally sourced...
The Data Management Summit Virtual brings together the global data management community to share lessons learned, best practice guidance and latest innovations to emerge from the recent crisis. Hear from leading data practitioners and innovators from the UK, US and Europe who will share insights into how they are pushing the boundaries with data to deliver value with flexible but resilient data driven strategies.
This special report accompanies a webinar we held a webinar on the popular topic of Pricing and Valuations, discussing issues such as transparency of pricing and how to ensure data quality. You can register here to get immediate access to the Special Report.