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.
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.
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.
28 APRIL 2023 – Tokyo – Numerical Technologies (“NumTech”) is pleased to announce that Asahi Mutual Life Insurance Company (headquarters: Tokyo, “Asahi Life”) has implemented NtSaaS® for their market risk management system. Asahi Life selected NumTech based on its high technological capabilities in terms of operations and systems, as well as the company’s track record in implementing such solutions for life insurance companies in Japan.
6 DECEMBER 2022 –Numerical Technologies (“NumTech”) launched a financial risk management database as a SaaS (Software as a Service).
11 OCTOBER 2021 – Tokyo – Numerical Technologies announced the launch of NtSaaS version 2.0, its next-generation financial risk management platform. This service will be available to clients starting from January 2022.
5 APRIL 2021 – Tokyo – A Japanese insurance industry paper, The Hoken Mainichi Shinbun, covered NumTech’s press release about Japan Post Insurance selects NtSaaS® for its market VaR risk management system. The news was published on 2nd April page 2.
12 MARCH 2021 – Tokyo – Japan Post Insurance Co., Ltd. (Headquarters: Tokyo, “Japan Post Insurance”) has selected NumTech’s Software-as-a-Service (“SaaS”) enterprise risk management solution, NtSaaS.
As the economic value-based solvency regulation is coming into place, Japan Post Insurance has committed to a dramatic restructuring of their market VaR risk management system, which will provide a standardised risk measurement method to meet the needs of this new regulation. Also, this new system is able to rapidly support any future changes in asset management strategy. For this purpose, a SaaS solution has been selected. It enables a shorter system implementation period, lower system maintenance costs, and easier functional enhancements.
22 OCTOBER 2020 – Tokyo – A Japanese insurance industry paper, The Hoken Mainichi Shinbun, covered NumTech’s press release about MS&AD Holdings selected NtSaaS™ to enhance ERM infrastructure globally. The news was published on 19th October page 10.