ADVISE® Enterprise Risk Modeler provides full asset/liability modeling in a complete, advanced stochastic Monte Carlo system, allowing companies to optimize decision making across all interrelated aspects of their business. Greater precision in risk modeling provides a competitive advantage through better decision making, regulatory and rating agency compliance and allocation of capital resources. With more thorough analyses and better data, you can gauge risks more precisely, determine critical opportunities and deliver more consistent long-term performance.
ADVISE® is powered by our GEMS® Economic Scenario Generator and contains the same comprehensive investment risk module as FIRM® Portfolio Analyzer. ADVISE® additionally allows nonlife companies to natively model underwriting, liability, and operational risks, and provides select functionality for life liability modeling.
ADVISE® contains built-in logic, which means there is no programming required to get up and running. Should customization be desired, ADVISE® contains sophisticated rules engines for user-defined customization, requiring limited or no IT support.
ADVISE® provides an enterprise modeling platform for multi-sector companies wanting to aggregate nonlife and life/annuity/pension risk simulations, seamlessly integrating with a company's other actuarial modeling systems and risk management applications.
By providing insurance companies with enterprise-wide financial modeling, Conning's ADVISE® system enables companies to have an aggregated view of all aspects of their business. An enterprise-wide model can be used for a variety of decisions, and risk modeling in ADVISE® can be linked with other systems and analyses in a full decision making system and process. An enterprise model can be used to develop solutions for:
Conning's ADVISE® system provides a powerful, integrated platform for evaluating, analyzing, and developing solutions for:
For more information about Conning's risk modeling systems and other risk and capital management services from Conning, please Contact us.