Numerical Technologies - Fintech meets Risk

Nippon Life Implements NtSaaS^® for Compliance with Economic Value-Based Solvency Regulations

September 12, 2024NumTechNtSaaS, ORSA & Solvency II, Press Release

12 SEPTEMBER 2024 – Tokyo – Numerical Technologies (“NumTech”) is pleased to announce that Nippon Life Insurance Company (“Nippon Life”) has adopted its SaaS-based financial risk management solution, NtSaaS^®, to comply with economic value-based solvency regulations. Nippon Life will utilize NtSaaS to calculate market and credit risks as part of the common model (regulatory model) for economic value-based solvency regulations, which are set to be implemented in 2025.

Nippon Life Completes Transition of ERM advancement system to NtSaaS^®

September 12, 2024NumTechNtSaaS, Press Release

12 SEPTEMBER 2024 – Tokyo – Numerical Technologies (“NumTech”) proudly announces that Nippon Life Insurance Company (headquartered in Osaka, “Nippon Life”) has successfully transitioned from NtInsight^® for ALM, adopted in 2018, to NtSaaS^® for ALM.

Nippon Life has leveraged NumTech’s ALM system to craft sophisticated ERM strategies and mid- to long-term asset management plans.

Numerical Technologies Earns 29th Place in Insurance Analytics Category at STORM 2024

August 7, 2024NumTechPress Release

7 AUGUST 2024 – Singapore – Numerical Technologies (“NumTech”), a leader in advanced enterprise risk management (ERM) and asset liability management (ALM) solutions, proudly announces its achievement of 29th place in the highly competitive Insurance Analytics category at the prestigious STORM 2024 awards.

Join NumTech’s Online Seminar “Considerations in a Rising Interest Rate Environment: A New Approach to Bank ALM”

July 24, 2024NumTechEvents and Presentations, NtSaaS

Date and Time: Thursday, August 29, 2024, 13:30-16:00 Japan Standard Time (JST)
Format: Online
Target Audience: Executives, managers, and practical personnel from management planning, risk management, and system planning departments of financial institutions (banking industry)
Fee: Free
Language: Japanese only

About the Seminar:

NumTech invites you to our upcoming online seminar where seasoned professionals from leading financial institutions and industry experts will discuss critical issues and forward-looking strategies in bank Asset Liability Management (ALM) amid rising interest rates.

Sumitomo Mitsui Trust Bank Completes Transition of Credit VaR System from On-Premises to SaaS

July 3, 2024NumTechNtSaaS, Press Release

3 JULY 2024 – Tokyo – Numerical Technologies (“NumTech”) has announced that Sumitomo Mitsui Trust Bank, Limited (“Sumitomo Mitsui Trust Bank”) has transitioned its credit VaR system, previously used as an internal model for credit risk management, to NumTech’ NtSaaS^® for Credit Risk.

Japan Securities Finance Completes Migration of Market Risk Management System to NtSaaS^®

June 5, 2024NumTechNtSaaS, Press Release

5 JUNE 2024 – Tokyo – Numerical Technologies (“NumTech”) is excited to announce the successful migration of Japan Securities Finance Co., Ltd. (“JSF”) from NtInsight^®, to NtSaaS^® for Market Risk. NtSaaS, NumTech’s flagship financial risk management SaaS, is rapidly becoming the preferred choice for numerous financial institutions seeking cutting-edge risk management solutions in Japan.

Meiji Yasuda Life Insurance Company completes transition to NtSaaS^®

October 10, 2023NumTechNtSaaS, Press Release

10 OCTOBER 2023 – Tokyo – Numerical Technologies (“NumTech”) is delighted to announce the successful migration of the Enterprise Risk Management (ERM) system of Meiji Yasuda Life Insurance Company (headquartered in Tokyo, “Meiji Yasuda”) from NtInsight^® to NtSaaS^®, marking the official release today.

Nippon Wealth Life Insurance Implements NtSaaS^® to Enhance Market and Credit Risk Management

July 3, 2023NumTechNtSaaS, Press Release

3 JULY 2023 – Tokyo – Numerical Technologies (“NumTech”) is pleased to announce the successful implementation of NtSaaS^® for Market and Credit Risk at Nippon Wealth Life Insurance Company Limited (headquartered in Tokyo, “Nippon Wealth Life”). As a prominent member of the Nippon Life Group, Nippon Wealth Life emerged from the merger with Nippon Life Insurance Company in May 2018 and holds a vital position in the financial institution window sales market.

Sumitomo Life Elevates NtSaaS^® to Ensure Compliance with Economic Value-Based Solvency Regulations

June 30, 2023NumTechNtSaaS, Press Release

30 JUNE 2023 – Tokyo – Numerical Technologies (“NumTech”) announces the successful upgrade of NtSaaS^® for Sumitomo Life Insurance Company (headquartered in Osaka, “Sumitomo Life”). The upgraded solution aims to enhance internal management models and ensure compliance with the forthcoming economic value-based solvency regulations, scheduled to be introduced in 2025.

National Mutual Insurance Federation of Agricultural Cooperatives completes transition to NtSaaS^®

June 27, 2023NumTechNtSaaS, Press Release

27 JUNE 2023 – Tokyo – Numerical Technologies (“NumTech”) is pleased to announce the successful transition of the Enterprise Risk Management (ERM) system of National Mutual Agricultural Cooperatives Federation (headquartered in Tokyo, “Zenkyoren”) from NtInsight^® to NtSaaS^®, marking the official release today.

The project involved a major migration of applications, servers, and infrastructure from on-premises to a hybrid configuration utilizing Amazon Web Services (AWS) and Microsoft Azure.