Yoshida and Conning Sign Agreement To Collaborate On Software Distribution In Japan

July 22, 2020


Yoshida and Conning Sign Agreement To Collaborate On Software Distribution In Japan


HARTFORD, CT, and TOKYO, JAPAN – July 22, 2020 — Yoshida & Co., Ltd. and Conning Inc. (“Conning”) have announced an agreement to collaborate on opportunities to introduce Conning’s award-winning GEMS® Economic Scenario Generator software (“GEMS Software”) and GEMS® scenario files (“GEMS Files”) to clients in Japan. As part of this collaboration, Yoshida & Co., Ltd. will be a preferred but non-exclusive referral partner of GEMS Software and GEMS Files in Japan. 


With the introduction of international standards such as the Insurance Capital Standard and IFRS 17, the requirement for sophisticated financial modeling tools such as GEMS software is increasing. Conning’s software simulates future states of the global economy and financial markets, including alternative assets and derivatives. It also supports the integrated modeling of economies and capital markets in Asia, North and South America, Europe, and Australia.  


Hideyuki Yoshida, Founder of Yoshida & Co., Ltd., stated that “There is a growing need for more innovative solutions in the Japan market. Working with Conning will open new frontiers to Yoshida & Co. and we are hopeful that Conning’s global expertise will prove to be an asset for financial modeling and risk management practices in Japan.”


Lorraine Hritcko, Conning’s Head of Risk Solutions, added that “Asia is the fastest growing market for Conning’s software business. Our award-winning software suite has been embraced by some of the largest companies in the insurance industry. The partnership with Yoshida is a great opportunity for us to expand our value proposition to more clients in the Japanese market. Yoshida will gain access to Conning’s expertise and Conning will benefit from Yoshida’s local knowledge and reach.”

 

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About Conning

Conning (www.conning.com) is a leading investment management firm with a long history of serving the insurance industry. Conning supports institutional investors, including pension plans, with investment solutions and asset management offerings, risk modeling software, and industry research. Founded in 1912, Conning has investment centers in Asia, Europe and North America.

 

About Yoshida & Co., Ltd.

Yoshida & Co., Ltd. an actuarial consulting firm that was founded in 2010 by Hideyuki Yoshida, and has offices in Tokyo, Vietnam and Singapore. Mr. Yoshida has over 40 years of working experience and has held senior positions in Japanese insurance companies and consulting firms. He is a founder of the Actuarial Consulting Congress of Asia (ACCA) and is also the current chairman. He has also held leadership positions in the International Actuarial Association and is the Chairman of the International Relations Committee in The Institute of Actuaries of Japan (IAJ).

 

About Conning’s Risk Management Software

Conning’s risk management software platform includes GEMS® Economic Scenario Generator, FIRM® Portfolio Analyzer, and ADVISE® Enterprise Risk Modeler, the Conning Investment Optimizer, and Cloud-IO, and offers greater accuracy in financial risk modeling and provides deeper insights for decision making, regulatory and rating agency compliance, and capital allocation.

 

ADVISE®, FIRM®, and GEMS® are registered trademarks in the U.S. of Conning, Inc. Copyright 1990-2020 Conning, Inc. All rights reserved. ADVISE®, FIRM®, and GEMS® are proprietary software published and owned by Conning, Inc.

 

 

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Media Contacts 

Myra Lee
Conning
+1 860 299 2278
myra.lee@conning.com


Sandra Yim
Conning Asia Pacific
+852 3551 1606
sandra.yim@conning.com


Hideyuki Yoshida
Yoshida & Co., Ltd.
+81 80 4339 4650
yoshida_co.ltd@yoshidaand.co.jp