Moody’s Analytics has won Actuarial Modeling Solution of the Year and ESG (Economic Scenario Generator) Software of the Year at the inaugural InsuranceERM Americas Awards.
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“With the AXIS system, Scenario Generator, and other award-winning Moody’s Analytics tools, our clients are able to address increasingly challenging modelling requirements, such as those presented by IFRS 17 and LDTI.”
Our AXIS™ solution was recognized as Actuarial Modeling Solution of the Year. It is a comprehensive actuarial software solution for modeling of insurance and annuity products with unparalleled flexibility, and is constantly updated to address accounting standards and financial reporting regulations that evolve over time. Clients use the AXIS solution for their pricing, reserving, asset and liability management (ALM), capital calculations, and hedging.
The AXIS solution provides the flexibility to deploy large-scale computing power through our advanced distributed-computation capabilities that allow us to scale calculation over thousands of CPUs—whether on-premises or through the cloud—reducing calculation times to a fraction of those required with a traditional setup.
The Moody’s Analytics Scenario Generator was recognized as ESG (Economic Scenario Generator) Software of the Year for its effectiveness in helping insurers perform sophisticated stochastic modelling tasks across valuation, risk and capital measurement, and ALM. The solution’s automation capabilities help clients streamline their modeling processes, shortening production timelines and lowering costs.
We have also invested in cloud computing capabilities—our Cloud Burst service allows users to run the Scenario Generator in the cloud environment. Doing so delivers access to thousands of CPUs on demand and significantly reduces run times, in some cases from days to minutes.
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