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 – Tokyo – Numerical Technologies, Inc. (“NumTech”) has implemented NtSaaS® for Marubeni Corporation (headquarters: Tokyo, “Marubeni”).
30 NOVEMBER 2021 – Tokyo – Numerical Technologies is honoured to share that it has been placed in the RiskTech100® for 3 consecutive years.
RiskTech100 is an annual ranking of the world’s leading players in risk technology by Chartis Research, and is known in the risk industry as one of the most comprehensive independent studies of the world’s major players in risk and compliance technology.
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.
Successful implementation of the headquarters’ risk management method for an overseas office in 3 months.
2 OCTOBER 2020 – Tokyo – Numerical Technologies (“NumTech”) is delighted to announce that MS&AD Insurance Group Holdings, Inc. (“MS&AD Holdings”) has selected NumTech’s Software-as-a-Service (“SaaS”) enterprise risk management solution, NtSaaS™, to manage its enterprise risk for their U.S. office, Mitsui Sumitomo Marine Management (U.S.A), Inc.
JULY 2020 – Singapore – The benchmark interest rate reforms initially started in 2012 as a response to the London Interbank Offered Rate (LIBOR) rigging scandals and it has already been more than three years since the UK Financial Conduct Authority (FCA) announced the discontinuation of LIBOR after 2021. As of now, with less than one and a half years to go, we are approaching the major milestone of the permanent cessation of LIBOR publication after the end of 2021.
MARCH 2020 – Tokyo – Numerical Technologies is delighted to announce the launch of NtSaaS™.
NtSaaS leverages upon our NtInsight series calculation engine and is a Software-as-a-Service (SaaS) enterprise risk management solution for credit risk, market risk, and ALM.