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.